RV Dealer Bond
What is a RV Dealer Bond?
A RV Dealer Bond is a type of License & Permit bond that ensures that recreational vehicle (RV) dealers comply with federal, state, and local regulations and licensing requirements, protecting consumers from fraud, misrepresentation, or unethical practices.
Protects consumers from financial loss due to the misconduct or negligence of RV dealers, ensuring fair business practices.
Required by state governments to ensure responsible management and ethical conduct by RV dealers, fostering consumer confidence in the RV industry.
Applicant’s personal or business information, credit history, bond amount (determined by state requirements), and RV dealer license details.
Based on credit history and bond amount, usually 1-5% of the bond amount.
