West Virginia Daily Passenger Rental Car Businesses are required by the provisions of sec 17A-3-4(b)(11) et. seq. of the Code of West Virginia to file a West Virginia Daily Passenger Rental Car Business Bond as a condition of licensure.
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 West Virginia Daily Passenger Rental Car Business Bond holds you accountable for your business decisions.
By possessing a West Virginia Daily Passenger Rental Car Business Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.