New York Automobile Broker Bond
Effective June 18, 2018, Assembly Bill 6884 requires New York automobile brokers to provide the New York Department of State – Division of Licensing Services with a $100,000 surety bond instead of the old amount ($75,000.00)
Obligee – New York Department of State’s Division of Licensing Services
Bond Amount – $100,000
Cost of Bond – Starts at $900.00
Whether you need to adjust your surety bond amount or you are looking to get licensed as a New York automobile broker for the first time, call us today at (888) 681-7685 or Click on the START MY APPLICATION button to complete our simple, online bonding application. Completing our application allows the underwriters at our office to provide you with a specific quote for the exact bond you need. After you submit our online application, we will respond and get the process going immediately!
We know the surety bond requirements for New York State and are happy to answer any questions you may have. Feel free to call us at 888.681.7685, email us directly at [email protected], or fill out the form below and we’ll get right back to you! We look forward to the opportunity to earn your business!