California Telephonic Seller Bond |
AmeriPro Surety Bonds | 844-589-9732
California Telephonic Seller Registration
California telephone sellers and telephone seller businesses located outside of California but which conduct business within California, are licensed and regulated by the Office of the Attorney General.
In addition to registering with the California Attorney General, you are also required to obtain a $100,000 surety bond.
This surety bond is alternately referred to as a California telephonic seller bond or California telephone seller bond.
Qualifying and the Premium
Qualifying for the $100,000 California telephonic seller surety bond includes signing and completing a short, signed surety bond application, and undergoing a review by our underwriter.
The underwriter process includes a credit check inquiry. To be approved through our agency, good is required; the approval rate is 1.5%, or $1500 annually.
Once your bond is approved is approved and the premium is paid, our agency issues your bond to you immediately.
You’ll be sent the following original bond documents by mail: Your surety bond, which will be signed and notarized by us as Surety. A Power of Attorney form.
After signing your bond as Principal, you’ll mail all completed forms to:
State of California
Office of the Attorney General
300 South Spring Street, Ste. 1702
Los Angeles, CA 90013
Premium Prepayment Options
The premium associated with your telephonic seller bond renews annually. Our agency offers you the option to prepay your premium up to 3 years.
Doing so provides you with a savings over annual renewals.
The premium prepayment option and savings are as follows:
- If prepaid for 2 years, the premium is $2700, a $300 savings;
- If prepaid for 3 years, the premium is $3900, a $600 savings.
Purpose Of Your Surety Bond Requirement
As stated on the Attorney General website, your surety bond requirement is a guarantee for the consumer to “…cover consumer losses.” These would be due to malfeasance, fraud or other unlawful activity on the party of a licensed telephonic seller business.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, and probate surety bonds in all 50 states and Washington D.C.
Please call our agency today at:
Or, you may fill out the form below and a Surety Agent will call you…