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Do Surety Bond Claims Affect Your License?
Surety bond claims can be concerning for auto dealers, but a claim does not automatically suspend or revoke your license. Most states are notified when a claim is filed, and repeated or unresolved claims may trigger a compliance review. Dealers are responsible for reimbursing the surety if a claim is paid, and failure to do so can affect future bond renewals and licensing. By responding quickly, resolving valid claims, and maintaining compliance, dealers can protect their lic

www.QUICKERBONDS.com
Jan 62 min read
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