Colorado Repossesion Bond |
AmeriPro Surety Bonds | 844-589-9732
Please note: Inquiries about opening/forming a Colorado licensed repossession agency should be directed to the regulatory body at the Colorado Attorney General Office, Consumer Protection Unit. Our agency only provides the $50,000 surety bond required as a condition of licensing of CO repossession companies.
Colorado Repossession Companies
The Colorado Attorney General Office is the regulatory body entrusted with licensing and regulating repossession companies in the state.
To be licensed, you must complete the following:
- Apply for licensing and pay a nonrefundable fee, currently $150;
- File the appropriate surety bond.
Once the bond has been obtained, you will mail the bond to:
Colorado Attorney General
Consumer Protection Unit
1300 Broadway, 7th Floor
Denver, CO 80203
Colorado Repossession Bond: Amount and Easy Qualifying
The Colorado repossession bond is a $50,000 surety bond required by the Attorney General and by state statute.
Qualifying with AmeriPro Surety Bonds is easy. There is no credit check or inquiry involved.
- Complete an application, which can be completed over the phone with one of our agents;
- Pay the premium of $375;
- The bond is thereafter issued to you immediately.
Once the bond has been issued, a copy of the bond can be sent to you by email at no extra charge. The original of the bond will be mailed the same or the following business day.
Other Premium Payments and Term Options
Our agency also offers other payment options for your Colorado repossesor bond. The bond is issued for one year at $375, with no credit check.
You may prepay the bond for 2 or 3 years, thereby offering you a savings over year to year renewal of your surety bond premium.
Prepayment options are as follows:
- The Colorado repossession bond prepaid for 2 years, the premium is $675;
- If you prepay this surety bond for 3 years, the premium is $975.
Purpose of this Surety Bond:
The $50,000 Colorado repossesor bond is a financial guarantee that you will pay all money judgments against your repossesor company should a court with the appropriate jurisdiction decree a judgment against you. The same is applicable of judgments given by arbitration.
As the obligor for this surety bond, you must indemnify the surety for any claims paid against your bond, if such were ever to occur.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, and fiduciary surety bonds throughout Colorado.
Our agency also provides surety bonds nationwide.
Please call us today at:
Or, you may fill out the form below and an agent will contact you…