Washington DC Motor Vehicle Repossessors are required under the provisions of an Act of Congress approved April 22, 1960, 74 Stat. 71 to file a Washington DC Motor Vehicle Repossessor Bond as a condition of licensure.
Bonds Express offers a Washington DC Motor Vehicle Repossessor Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Washington DC Motor Vehicle Repossessor Bond holds you accountable for your business decisions.
By possessing a Washington DC Motor Vehicle Repossessor Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.