The Virginia Department of Motor Vehicles requires the Virginia Household Goods Carrier Bond. This is for a person who transports only household goods. A household good can be personal effects and property used or to be used in a dwelling, when transported or arranged to be transported between residences or between a residence and a storage facility with the intent to later transport to a residence.
In addition to the surety bond, applicants must also submit a $750,000 Bodily Injury and Property Damage insurance.
What is the purpose of a Virginia Household Goods Carrier Bond?
Unlike insurance, the Virginia Household Goods Carrier Bond is to protect your clients from any harm or wrongdoing by your company. If there is a claim placed on your bond and you are found at fault, the surety company will issue a payout which you will need to pay back in full. This bond is required to be in the amount of $50,000 dollars. However, it will not cost that much to obtain. Surety1 can write this bond for as low as 1% of the bond amount.
How do I obtain a Virginia Household Goods Carrier Bond?
Complete our easy to navigate online application. Within one business day, one of our licensed agents will contact you with a no-obligation quote for your bond (the “premium”). Once any necessary paperwork is signed and the premium payment is processed, your surety bond will be shipped to you via USPS Priority Mail (overnight shipping options also available).
The surety bond experts at Surety1 are here to help you get bonded quickly and reliably. We work with over a dozen “A” rated surety markets to ensure we find you the lowest rate for your bond. We are also licensed in all 50 states and maintain an A+ rating by the Better Business Bureau.