Utah - Factory Built Housing Dealer ($50,000) — required surety bond in Utah. Apply online in minutes.
The Utah Factory Built Housing Dealer Bond is a commercial surety bond that serves as a financial guarantee of a dealer's professional conduct. It ensures that dealers of manufactured and factory-built homes comply with state regulations and ethical business practices. The bond protects consumers from financial loss caused by a dealer's fraud, misrepresentation, or failure to fulfill contractual obligations.
Businesses and individuals operating as dealers of factory-built or manufactured housing in Utah typically need this bond. It is generally a prerequisite for obtaining and maintaining an active dealer license in the state. If you sell, broker, or exchange these types of homes, you will likely be required to secure this coverage.
The state of Utah requires this bond to protect consumers and the state from financial harm resulting from illegal or unethical dealer activities. It guarantees that funds are available to compensate parties who suffer losses due to a dealer failing to transfer a clear title, misappropriating funds, or violating industry regulations. Because specific regulations can vary, dealers should always verify exact requirements with the state licensing agency.
Applying with Noah Insurance Agency is simple and quick. Just click Apply Now to complete a secure online application in about five minutes. Once your application is reviewed and payment is processed, your bond will be delivered directly to your email.
Bond premiums are not fixed and vary based on the applicant's credit history and financial profile. To get an exact price, you should apply online for a personalized quote from Noah Insurance Agency.
Required bond amounts can vary based on current state regulations and your specific business structure. You must verify the exact bond amount required for your business directly with the Utah issuing agency before purchasing your bond.
Approval times vary depending on the underwriting process and your individual application details. However, filling out our online application only takes a few minutes, and our team works to provide quotes as quickly as possible.
Yes, approval is often possible even with less-than-perfect credit, though requirements vary and it may result in a higher premium. You can apply online or call Noah Insurance Agency at 814-718-0060 to explore your specific options.
Send us a note or call 814-718-0060 — a licensed agent will confirm the bond amount and requirements for you.
Noah Insurance Agency · Licensed Nationwide