Pennsylvania Messenger Service Bond
AmeriPro Surety Bonds | 844-589-9732
Pennsylvania Messenger Services
Pennsylvania messenger services are licensed, private, non-government owned companies which get to share in many of the responsibilities of the Pennsylvania DOT (PennDot) with the public.
In addition to assessing state fees through online access, messenger services also have the ability to charge their own additional fees to the public. This is how messenger service companies operate for a profit.
As a prerequisite for licensing, among other requirements, messenger services must obtain at least one $50,000 surety bond.
AmeriPro Surety Bonds offers this state-mandated surety bond for both first time and renewal licensees.
Pennsylvania Messenger Service Bond: Minimum and Maximum Amounts Required
The Pennsylvania messenger service bond is required in one of several amounts:
- The minimum amount is $50,000;
- There is an additional $50,000 surety bond required for each location of a licensed messenger service company. BUT;
- For messenger service companies which have 3 or more locations, the Pennsylvania messenger service bond caps at $200,000.
Pennsylvania Messenger Bond: The Purpose of this Surety Bond
The purpose of the Pennsylvania messenger service bond is to protect the public — your actual and potential customers — from any acts of financial harm caused by the failure of a messenger service company to act in accordance with statutes regulating the profession.
The protections afforded to consumers by this surety bond include criminal misconduct committed by a messenger service company, its agents, owners, and employees.
As such, while the bond is purchased by you, as principal, its protections are solely for the public.
The messenger service bond does not protect your company at all. It is also, of course, a requirement for licensing.
Nor is messenger service surety bond an insurance policy on your behalf:
Should a claim be made on your bond, the principal is legally responsible to reimburse the surety for all costs and fees involved in the satisfying of a claim. Again, you are the principal.
Pennsylvania Messenger Bond: This Bond’s Premium
The premium, or the cost for this bond’s issuance, will be determined by the following:
- The amount of the surety bond you are required to purchase;
- Information provided on your application (our agency can accept your application over the phone);
- A standard credit check.
Applicants who are applying for the higher dollar messenger surety bond may be asked to provide additional information.
Such information may sometimes include bank statements, information on cash on hand (in checking and savings accounts), net worth, and type of investments held –either as a corporation or personally, or both.
Our agency will work for you to find you the best surety bond pricing customized for your personal and business situations.
Duration of the PA Messenger Service Bond
Your Pennsylvania messenger service bond must run concurrently with your messenger license issued by PennDOT.
Our agency wants to ensure that you don’t have any lapse in bond coverage.
A lapse in bond coverage may cause the state to suspend your license until the lapse is cured, costing you time – and money – in the process.
Your messenger service bond’s premium renews annually, and our agency will notify you well ahead of time of the bond’s upcoming renewal.
Once the renewal premium is paid, we will issue a new bond for filing with the PennDOT.
About AmeriPro Surety Bonds
AmeriPro Surety Bonds is a surety bonds-only agency.
We provide license and permit, contractor, court, and fiduciary bonds throughout Pennsylvania.
We also provide thousands of surety bond types nationwide.
Please call our agency today for your messenger service bond: