Texas Motor Home Show Promoter Bond |
AmeriPro Surety Bonds | 844-589-9732
Texas Motor Home Show Promoter:
Included in these rules is the prerequisite of obtaining a $25,000 surety bond.
AmeriPro Surety Bonds will provide this surety bond for both new and renewal applicants.
Texas Motor Home Show Promoter Bond: Purpose of this Bond
The purpose of the Texas motor home show promoter bond is a financial guarantee that the promoter will comply with all rules, laws, and statutes involved in their business operations.
As such, the bond protects others from acts of theft, fraud, willful misrepresentation or criminal malfeasance committed by a promoter, employees, managers, or officers, in connection with their duties as motor home promoters.
The Texas Department of Motor Vehicles is the obligee, that is, they are the department requiring this bond as a condition for granting a license.
Texas Motor Home Show Promoter Bond: Duration
Before purchasing this surety bond, applicants will need to provide our agency with the expiry date on the application.
We will need that date to determine how to conform the bond to the state’s requirements.
The bond is written and prepaid for a period of 2 years upon issuance.
Texas Motor Home Show Promoter Bond: The Premium or Price of this Bond
The premium represents the amount that an applicant will pay for this surety bond.
- Since the bond is prepaid for a period of two years, that 2 year amount is reflected in the premium;
- The bond’s premium may be as little as around $650 for the two year period;
- The premium an applicant will be required to pay for this surety bond will be determined entirely by a credit check.
AmeriPro Surety Bonds utilizes a “soft pull” credit check which does not adversely affect an applicant’s credit score.
Without being able to get into specifics, applicants may expect to pay anywhere between 2-5% for this surety bond.
Some applicants may be required to pay more.
About AmeriPro Surety Bonds
AmeriPro Surety Bonds is a surety bonds-only agency providing license and permit, contractor, court, and fiduciary bonds throughout Texas.
We also provide surety bonds nationwide.
Call us today for your Texas motor home show promoter bond: