Please read our blog about a wide variety of insurance topics. Please feel free to ask us any questions.
What is a Conduct Bond?
Posted: January 16, 2021
Conduct Bond Texas Conduct Surety Bond is required by the Texas Alcoholic Beverage Commission (TABC). In 1935, when the sale of alcoholic beverages was legalized in the state, the state was faced with building an entire framework for the distribution of alcoholic beverage products. From that the TABC was born. Conduct Bond, TABC Bond, This bond is necessary in order to obtain a permit to sell alcoholic beverages,...
What is a Public official Bond?
Posted: January 16, 2021
A Public official bond is a type of surety bond that guarantees that an elected government official in certain position will comply with the governmental rules and regulations. These type of bonds and mostly needed by public officials that handles public funds. Especially when it comes to those officials that deal with money or privileged information. The purpose behind a public official bond is to...
What is a Conduct Bond? Requirements and Instructions.
Posted: May 25, 2020
Conduct Bonds A conduct bond is a surety bond required by the Texas Alcoholic Beverage Commission (TABC). This surety bond is required by retailers that do not hold a food and beverage certificate but sell or serve alcoholic beverages on the premises. A Conduct bond may be required of a retailer whose gross receipts come primarily from the sale of alcoholic beverages. TABC offices may...
How to get affordable auto dealer bond?
Posted: April 12, 2020
How to get an auto dealer bond at an affordable price? Car Dealer Bond Specialist Auto dealer surety bond as any other surety bond is a financial guarantee that is issued by the surety company to guarantee that this dealer will obey all the rules and regulations that are set by the State Department of Motor Vehicle guidelines. The dealer or the applicant's credit history...
Auto Dealer Bond - Texas Auto Dealer License Guide.
Posted: March 29, 2020
Texas Motor Vehicle Dealer Bond Information The Texas Department of Motor Vehicles requires that all Texas auto dealers secure a surety bond in the amount of $50,000 for a 2 year period effective 10/1/2021 and the estinated rate starts from $329 for 2 year peiod based with prefered credit history. This is a licensing requirement in order to engage in vehicle sales in the state...