Who needs a Texas Automobile Club Surety Bond?
Texas Transportation Code Chapter 722 mandates that an automobile club must post a $25,000 Texas Automobile Club Services Surety Bond if they wish to offer their services within the state. An automobile club is defined within the transportation code as a person who, for consideration, promises the membership assistance in matters relating to travel, and to the operation, use, or maintenance of a motor vehicle by supplying services related to:
- community traffic safety;
- travel and touring;
- theft prevention or rewards;
- emergency roadside assistance;
- bail bonds and legal fee reimbursement in the defense of traffic offenses; and
- purchase of accidental injury and death benefits insurance coverage from an authorized insurance company.
The $25,000 Texas Automobile Club Surety Bond is meant to protect the consumer by providing a form of recourse if the automobile club fails to perform its obligations and may also be applied to any fines and fees levied by the State of Texas. The bond must remain in place until the auto club’s liability in the state ceases to exist.
What is the current market for the Texas Automobile Club Surety Bond?
Texas Automobile Club Surety Bonds are widely written by multiple surety companies. As with most surety bonds offered by DBL Surety, this bond can be approved the same day for which is it applied using a basic application which includes information about the auto club and a credit check which is performed by the surety company.
How do I apply for a Texas Automobile Club Services Act Surety Bond?
- Complete our online Texas Automobile Club Services Act Surety Bond application, or
- Download and complete our printable Texas Automobile Club Services Act Surety Bond application, and
- Receive your surety bond quote in minutes!