The Delaware Motor Fuel Distributor Bond is required by the State of Delaware, Motor Fuel Tax Administration. Any gasoline distributor must obtain this surety bond (in the amount of a three month’s tax liability; minimum $5,000, maximum of $200,000).
What are the requirements in order to be a Motor Fuel Distributor in the state of Delaware?
If you wish to import gasoline products into Delaware and use, sell or distribute them, you will need to obtain a license from the Department of Transportation. In order to get that license, you will need to complete the Motor Fuel Distributor License Application, which you can find on the DE Department of Transportation’s website.
In addition to this application and the required $10 processing fee, you will also need to obtain a Delaware Motor Fuel Distributor Bond, issued by a company licensed in Delaware.
- Note: Surety1 is licensed in all 50 states and works with over a dozen “A” rated markets!
The coverage amount of your bond needs to be equivalent to three month’s tax liability, with a minimum of $5,000 and a maximum of $200,000.
Where can I get a Delaware Motor Fuel Distributor Bond?
To get started, all you need to do is fill out our easy to navigate online application form. The application will only take a few minutes, then one of our licensed agents will contact you within 24 hours with a free, no-obligation quote for your bond. The cost of the bond, also known as the premium, will generally only be a small percentage of the bond amount. After you have remitted the premium payment and signed any necessary paperwork, your bond will be shipped to you via USPS priority mail, with overnight shipping options also available.
Surety1 has been writing bonds in Delaware since 2003. Our surety experts provide fast and friendly service, maintaining our A+ rating by the Better Business Bureau.