NY Automobile Broker Bond Update

March 9, 2018

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What's the New Surety Bond Requirement?

The state of New York has increased the bond requirement for automobile brokers from $75,000 to $100,000. This increase will be in effect as of 6/18/2018.

Why Choose JW Surety Bonds?

We are the nation's largest volume bond producer, and provide the lowest rates in the industry. It's also crucial that you understand that you're responsible to pay any claims filed on your bond. When you partner with our company, you will have a dedicated claim specialist assigned to your account to ensure claim payouts are either reduced or avoided all together.

Get a Free Quote Instantly Online

If you're ready to get a surety bond for this newly increased bond requirement, you can simply apply online. Get Your Free Bond Quote Now!

Eric Weisbrot

Eric is the Digital Marketing Manager at JW Surety Bonds, with a remarkable 14 years of experience in the surety sector. Throughout his journey in the surety industry, he has undertaken a range of roles, starting as an agent assistant and progressing to the role of bond issuer. This diverse professional background equips him with a unique insider's perspective on all matters concerning surety bonds.