1 (844) 589-9732

California Interstate Carrier Program Surety Bond

The $50,000 California interstate carrier program surety bond is offered to applicants, on approval of credit, at 1%, annually. Please call AmeriPro Surety Bonds, LLC today at 844-589-9732.

California Interstate Carrier Program Surety Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Licensing of California ICP Participants

 

 

 

The California Interstate Carrier Program (ICP) allows private companies — DMV registration services businesses, motor carrier association, and vehicle rental companies, to process IRP transactions  from their place of business.

IRP is short for International Registration Plans.

This plan is a reciprocal agreement between US states and Canadian provinces which allows for apportioning payment of registration fees as determined by the number of miles operated within the respective jurisdictions.

Applicants for ICP program, besides paying a $349 registration fee, or a $269 renewal fee, must also furnish evidence of a $50,000 surety bond. (Applicants who require a $50,000 California commercial requester account surety bond qualify with no credit check through our agency, for $500 annually.)

 

 

 

Qualifying and the Premium

 

 

 

Qualifying for the $50,000 California intestate carrier program bond includes completion of an application — which we can begin with you over the phone — and undergoing an application review.

The review by an underwriter includes a business or personal credit check. To be approved at the following rate, good credit is required.

Approval for applicants is at 1% of the surety bond amount, $500.

Once your ICP surety bond is approved and the premium is paid, our agency issues your ICP bond, along with a notarized document from us as Surety, and a Power of Attorney form.

Upon receipt in the mail, you’ll sign your bond as Principal, filing it with all other documents received from us to:

Registration Operations Division

Interstate Carrier Program

2415 First Avenue MS C383

Sacramento, CA 95818

 

 

 

Premium Prepayment Options

 

 

 

The premium for your Interstate carrier bond renews annually on the anniversary of its issuance.

For applicants who are approved at 1%, our agency also offers you the option to prepay your bond’s premium for up to 3 years.

Prepayment of the premium lengthens the time between renewals and offers you a savings over annual premium payments.

The premium prepayment option and savings are as follows:

  • If prepaid for 2 years, the premium is $900, a $100 savings;
  • If prepaid for 3 years, the premium is $1300, a $200 savings.

 

 

 

Purpose Of Your Surety Bond Requirement

 

 

 

Your ICP surety bond is a financial guarantee of your compliance with:

The bond, in short is a financial guarantee of your compliance with all laws and protects the state of California from any harm caused by your company or any employees as a result of transgressing related statutes.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency which provides surety bonds in California and all 50 states.

Please call our agency today at:

844-589-9732

Or, you may fill out the form below and a Surety Agent will contact you…

 

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AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

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Office: 1 (844) 589-9732

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Monday – Friday 6 am to 5 pm (PST)