Utah Body Shop Bond | AmeriPro Surety Bonds | 844-589-9732
AmeriPro Surety Bonds provides the Utah body shop bond for both first-time applicants and those applicants who need to renew an existing bond.
Below, we provide some information on licensing; however, again, we stress that existing Utah body shop businesses who want to renew their bond should also call our agency.
Utah Body Shops
Utah Body shops are defined as the location(s) where the repair of vehicles damaged in accidents take place.
In Utah, body shops are regulated by the Motor Vehicle Division.
Qualifying and the Premium
You are automatically approved for your body shop surety bond. There is no credit check inquiry required. Upon calling our agency, we’ll take the application from you over the phone (i.e. which consists of the name, address and phone number).
We’ll also ask you the following:
- The type of body shop business: Vehicle/equipment dealer, crusher or body shop;
- If your business is set up as a sole proprietor, federal, state, corporation , political subdivision or trust;
- The county your business is located in
The premium payment for your surety bond is just $200 annually. After the payment has been made, our agency issues the bond to you immediately and it is sent to you for filing the same day along with your Power of Attorney form.
Additional Premium Payment Options
At $200 premium, your body shop bond will renew annually. The option exists to prepay your bond for up to 3 years. Prepayment of the premium allows you a savings over paying $200 each year.
The premium prepayment options and savings are as follows:
- If prepaid for 2 years, the premium is $360, a $40 savings;
- If prepaid for 3 years, the premium is $520, an 80 savings.
Becoming Licensed as Utah Bond Shop
The following will be needed to obtain a license as a Utah body shop:
- Applicants for a body shop will need to complete an application (TC-301);
- The application will need to notarized, have personal information from all officers of the corporation, and include a non-refundable $112 application fee;
- Applicants will need to have a name approval for their business from Department of Commerce;
- Applicants will need to have a physical location for their place of business that is clearly demarcated as an auto body repair facility. The building must have an office where the records and transactions of the company are maintained;
- The office must also maintain a business sign. The sign must be at least 24 square feet, have the name of the business, and the business license number. The sign must also be permanently affixed to the ground, the business office, or it may be painted;
- Photographs of the office building are required to be provided which includes the office sign.
Also, photographs of all officers of the body shop company must be provided;
- Finally, a Utah body shop must file and maintain a $20,000 surety bond payable to the Motor Vehicle Enforcement Division.
Utah Body Shop Bond: Purpose
The main purpose of the $20,000 Utah body shop bond is to protect consumers from any fraud, and willful criminal activity committed by a licensed body shop in the course of business.
The body shop bond is therefore for the benefit of the consumer; it is not a form of liability insurance for the company at all.
Utah Body Shop Bond: Duration
All Utah body shops, no matter when a license is issued, have a renewal date of June 30th of each year. The Utah body shop bond should be issued so as to run concurrent with your license and so there are no gaps in bond coverage.
A lapse in coverage could result in suspension by the state of Utah.
About AmeriPro Surety Bonds
AmeriPro Surety Bonds is a surety-bonds only agency which provides surety bonds throughout Utah.
We always realize that our clients have choices for their surety bond needs.
We thank you for choosing our agency. Call us now for your Utah motor vehicle body shop bond!