Tennessee - Automobile Club or Association ($20,000) — required surety bond in Tennessee. Apply online in minutes.
The Tennessee Automobile Club or Association bond is a financial guarantee required by the state for organizations providing motor club services. It guarantees that the club will faithfully perform its duties, honor its membership contracts, and operate in accordance with state regulations.
Automobile clubs, motor associations, and businesses offering roadside assistance or towing memberships in Tennessee typically need this bond. Any organization collecting membership fees in exchange for future emergency road services or vehicle-related legal assistance must generally secure this bonding before operating.
The state requires this bond to protect consumers who pay membership dues for roadside assistance and motor club services. It provides a financial safety net for the public, ensuring restitution is available if the club fails to provide promised services, mismanages collected funds, or engages in unethical practices.
Click Apply Now to complete our secure, approximately 5-minute online application with Noah Insurance Agency. Once your application is reviewed and processed, your finalized bond will be delivered quickly by email. For any assistance, you can reach our nationwide team at 814-718-0060.
Premiums are not a flat rate and vary based on the applicant's credit history, business financials, and other underwriting factors. Please apply online with Noah Insurance Agency for an exact quote.
If a valid claim is filed by a consumer or the state, the surety company will compensate the affected party up to the limit of the bond. Your business is then legally responsible for reimbursing the surety company for all paid claims and associated legal expenses.
Bonding requirements can vary depending on your specific business structure and operations. It is always best to verify specific location and licensing requirements directly with the state issuing agency.
Approval and processing times vary based on the applicant, but many bonds are issued shortly after payment is received. Apply online for the fastest turnaround, and your bond will be delivered via email.
Send us a note or call 814-718-0060 — a licensed agent will confirm the bond amount and requirements for you.
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