Wisconsin Automobile Club Bond |
AmeriPro Surety Bonds | 844-589-9732
Automobile Club Bond – Wisconsin
Wisconsin automobile club entities are regulated by the Office of the Commissioner of Insurance.
A condition of licensing is that the appropriate surety bond with the mandated bond term be obtained.
Our agency offers this bond for you at one low price. In fact, this auto club surety bond can be issued to you within a matter of minutes.
Amount of Surety Bond and the Price
The Wisconsin automobile club is a $50,000 surety bond required by the Commissioner of Insurance.
Our agency offers this bond as an “instant issue” surety bond. This means that after completion of a standard surety bond application, and payment of the premium, the bond is issued to you immediately.
There is no formal underwriting and no credit inquiry screening required to determine the cost of this bond.
The bond is issued to you for one flat price: $500, annually.
After the bond’s issuance, a copy of the bond can be emailed to you at no additional charge. The original surety bond with the wet signature will follow in the mail to be sent the same or by the following business day.
Other Payment Options
In addition to the one year payment, the Wisconsin automobile club bond may be prepaid for 2 or 3 years. Prepayment offers you a savings over year to year renewal. Pricing options for these are as follows:
- If prepaid for 2 years, the price is $900;
- If prepaid for 3 years, the price is $1300.
The Bond’s Term
The Wisconsin automobile club bond has a calendar year which:
Begins on July 3rd;
And ends on July 2nd of the following year.
An automobile club bond which is purchased within that time frame may be prorated as to price, subject to when the bond is purchased.
As stated on the surety bond form, the purpose of the automobile club surety bond is to serve as a financial guarantee that all sales and motor club services will be conducted in accordance with all Wisconsin laws.
The bond also exists to guarantee the payment of any fines or penalties as per § 616.71 of the Wisconsin State Legislature.
AmeriPro Surety Bonds is a surety bonds only agency which provides license and permit, court, and fiduciary surety bonds throughout Wisconsin.
Our agency also provides surety bonds nationwide.
Please call us today at:
Or, you may fill out the form below and an agent will contact you.