Private Courier Service for Auto Tag Agencies ($25,000) Bond - Broward County, FL in Florida

Brief Summary

A courier that runs titles, registrations and fee payments between Broward County dealers, private tag agencies and the county's motor vehicle office is carrying other people's money and state documents. The $25,000 bond is the security Broward County asks for before it will deal with you, and you pay a premium instead of posting $25,000 in cash.

Private courier services that carry tag and title transactions for auto tag agencies and dealers in Broward County post a $25,000 surety bond in favor of Broward County. The bond guarantees that fees collected and documents handled are delivered and paid over as required. Confirm the current bond form and filing steps with the Broward County office that handles motor vehicle tag and title work before the bond is issued.

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How to Apply for a Private Courier Service for Auto Tag Agencies ($25,000) Bond:

• Confirm with Broward County's motor vehicle tag and title office that your courier service needs the bond and get the current bond form.
• Have the courier business's legal name and address exactly as the county will register them.
• Provide owner name, home address and Social Security number for the surety's credit review.
• Pay the premium and receive the signed $25,000 bond.
• File the original bond with the county before you begin submitting work.

Detailed Information About the Florida Private Courier Service for Auto Tag Agencies ($25,000) Bond:

What applicants usually miss

This bond is not a private tag agency license and it does not make you a tag agent. It covers the courier that physically moves paperwork and payments between private tag agencies, dealers and the county. If you also want to issue plates yourself, that is a separate appointment with its own rules.

Why the county cares

Under Florida Statute 320.03, county tax collectors act as authorized agents of the Florida Department of Highway Safety and Motor Vehicles for registrations and titles, and private agents work under that authority. A courier sits in the middle of that chain. Checks, cash and original titles change hands, and the county wants a guaranteed source of recovery if a courier loses, holds or misapplies them.

What the $25,000 bond guarantees

The bond promises that the courier will turn over every fee and document it carries and will follow the county's procedures for courier submissions. If it does not, Broward County or a party harmed by the failure can make a claim up to $25,000. The surety pays valid claims and then recovers the amount from the courier, so the bond is a guarantee of performance, not insurance for the courier.

Cost

The premium is a fraction of the $25,000 amount and is set by the surety after a review of the owner's credit and business history. Strong credit generally means a lower rate.

Eligibility and Requirements for a Florida Private Courier Service for Auto Tag Agencies ($25,000) Bond:

• Bond amount of $25,000.
• Broward County named as obligee as the county directs.
• Surety company authorized to write bonds in Florida.
• Business name on the bond matching the county registration exactly.
• Bond kept in force for as long as the courier submits tag and title work.

Florida Private Courier Service for Auto Tag Agencies ($25,000) Bond FAQs:

Official and Additional Resources for the Florida Private Courier Service for Auto Tag Agencies ($25,000) Bond: