Automobile clubs in Texas are regulated and licensed by the Texas Secretary of State.
The Texas Secretary of State also requires an automobile club to obtain a $25,000 Texas automobile club bond, or its financial equivalent.
The purpose of the Texas automobile club bond is to protect consumers/members from any acts of fraud, theft, or criminal malfeasance that an automobile club, its officers, or employees, may commit in the course of their duties related to the operations or management of the automobile club.
As such, the surety bond requirement is for the protection of others; it does not protect the automobile club at all.
Having and maintaining the surety bond is also a condition for initial and renewal licensing.
A Texas automobile club bond is issued for one year.
The bond will also need to be renewed on an annual basis.
Although the bond is for $25,000, AmeriPro Surety Bonds may be able to provide the most highly qualified applicants this surety bond for as little as $375.00 for one year.
Ultimately, the amount paid for the surety bond will be determined by an applicant’s credit score.
Our agency will always work to provide you the best surety bond pricing.
Applicants for the Texas automobile club license will need to complete the following:
AmeriPro Surety Bonds is a surety bonds-only agency which provides license and permit, contractor, and fiduciary surety bonds throughout the great state of Texas.
We also provide surety bonds throughout the United States.
Please call AmeriPro Surety Bonds today: