New York City Car Wash Surety Bond
We write $30,000 and $150,000 Car Wash Surety Bonds for NYC.
Our GOOD CREDIT price is $1050 and $3938 for 2 years.
New York City Car Wash Bonds are required by the City of New York, Consumer Affairs Licensing Center. The typical bond amount is $150,000. The bond amount of $30,000 is only accepted by the NYC Dept. of Consumer Affairs if you are party to a current collective bargaining agreement that provides for the timely payment of wages and a quick process for resolving disputes about nonpayment and underpayment of wages OR you entered into a settlement with a state or federal government agency and are covered by an active monitoring agreement that requires you to pay at least the minimum wage, subjects you to at least monthly monitoring by an independent monitor and provides for a quick process for resolving disputes about wage violations. The Car Wash license term renews October 31st of odd years.
Follow this link if you would like to visit the New York City, Car Wash License Application Checklist page for the New York City Car Wash Surety Bond requirement.
Most applicants with good credit will qualify for rate indicated. In order to receive your specific quote, we must review your qualifications to determine the lowest possible price. If you have already been declined or nonrenewed by another Surety Company, chances are you will not qualify for this preferred rate.
We have various sureties willing to write bonds for applicants with less than perfect credit, including a special program with very competitive prices for those with just a few credit blemishes.
We find the best possible price for your surety bond given your particular qualifications.
Additional information about this corporate surety bond requirement is as follows:
Obligee - City of New York, Consumer Affairs Licensing Center
Bond Amount - $30,000 and $150,000
Bond Premium - $1050 and $3938 for the 2 year license term
Renewal Document - None.