1 (844) 589-9732

The $10k Rhode Island auto wrecking and salvage yard bond has an annual premium of just $100. Please call AmeriPro Surety Bonds at 844-589-9732.

Rhode Island Auto Wrecking & Salvage Yard Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Licensing of Salvage Yards and Auto Wreckers

 

 

 

Auto wrecking and salvage yard businesses operating in Rhode Island are regulated by the state’s Department of Business Regulation.

Attached to your application (if first time) you must show evidence of a $10,000 surety bond.

 

 

 

Qualifying and the Premium

 

 

 

The $10,000 Rhode Island auto wrecking and salvage yard surety bond is issued to you for a $100 annual premium. There is no credit check, which allows for the bond to be issued to you within minutes.

When you call us, we’ll ask you some basic questions: The name, exactly as it should appear on your surety bond, along with your address, phone number, and email.

After payment of the $100 premium, our agency issues this bond to you immediately. Your surety bond and Power of Attorney form will then be mailed to you. Upon receipt, you’ll sign your bond as Principal, sending it along with the additional paperwork and fees to the Department.

The Department’s address is:

State of Rhode Island and Providence Plantations

DEPARTMENT OF BUSINESS REGULATION

1511 Pontiac Avenue, Bldg. 69-1

Cranston, Rhode Island 02920

 

 

 

Premium Prepayment Options

 

 

 

At $100 premium, your auto wrecking/salvage yard surety bond will be issued to you for one year. Thereafter, your bond and the associated premium renew.

You also have the option to prepay your bond up to 3 years, which offers you a savings over annual renewals.

The premium prepayment options and savings are as follows:

  • If prepaid for 2 years, the premium is $180, a $20 savings;
  • If prepaid for 3 years, the premium is $260, a $40 savings.

 

 

 

Purpose Of Your Surety Bond

 

 

 

The purpose of this surety bond is to serve as a financial guarantee of your compliance with all laws and regulations involved in your profession, as amended.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds provides wrecking and salvage yard surety bonds where required nationwide. Our agency is also a provider of license and permit surety bonds in all 50 states.

Please call us today at:

 

844-589-9732

 

Or, you may fill out the form below and an agent will contact you…

 

Request a Callback

  • MM slash DD slash YYYY
  • Please note: We do not share or rent your address to anyone, except for underwriting purposes associated with your surety bond.
  • This helps us to find exactly the surety bond that you require. By the way, it's perfectly OK to not know the type of surety bond you need; that's why we're here!
  • This field is for validation purposes and should be left unchanged.