Through the Occupational Licensing Division of the California Department of Motor Vehicles, private individuals and companies are allowed to share certain duties which historically have been conducted by a DMV field office.
A DMV registration service business can issue new and replacement license plates and stickers; replacement license plates and stickers; register vehicles transferred out of state to California (but not re-transfer vehicles back to California which were purchased in California, moved out of state, and are now returning to California); conduct vehicle title transfers; conduct registration renewals; and pay late fees.
Registration services serve as a "release valve" for the DMV and the public alike. The public has an alternative to handle many matters done by the DMV without the attendant long lines; and the DMV has an additional source of revenue from registration services.
DMV registration services cannot, however, process matters connected with a California (or out of state) driver license or ID card. Matters relating to these concerns are only handled by visiting a local DMV office.
The Occupational License Division requires a DMV register service individual or business to post a surety bond for $25,000 on its behalf.
AmeriPro Surety Bonds will help you obtain your registration service bond very quickly. Once purchased, you will need to file the bond with the Occupational Licensing Department.
This surety bond is purchased by the individual on behalf of the DMV and the consumer public. The bond protects the public from any acts of negligence or fraud on the part of the registration service business. It is not, therefore, insurance which protects the registration service business. For this latter, you may wish to look into purchasing an insurance liability policy.
You are automatically approved for the $25,000 registration services bond. After completion of an application --- which we'll take from you over the phone --- and payment of the premium, the bond is issued to you immediately.
There is no credit check nor underwriter review for this bond.
Once issued, a copy of the bond can be sent to you by email; however, it is the original bond --- which you will sign as Principal --- which you should file with the Department of Motor Vehicles. The original bond will be sent to you by the following business day.
At $250, your registration services bond is issued for one year. The bond renews annually on the anniversary of its issuance. Our agency also offers you the ability to prepay your surety bond for up to 3 years. Prepayment benefits you in two ways:
The first is that it lengthens the time between renewals; and the second is that you save over year to year renewal of your surety bond premium. That having been stated, the premium payment options and savings are as follows:
AmeriPro Surety Bonds provides registration services bonds, DMV auto dealer bonds, and bonds of all types for all 50 states.