Jacksonville, Florida Tow Wrecker Bailment Bond

Jacksonville Tow Wrecker Bailment Bond

Tow wreckers in Jacksonville, Florida will need to file a $2,500 Tow Wrecker Bailment Bond as a guarantee that any judgment that comes from towing a motor vehicle (or other violation as a tow wrecker) will be paid. The tow wrecker’s failure to complete the payment as instructed by the court will lead to the vehicle owner seeking compensation from the bond. 

SECURE YOUR BOND

There’s no easier way to get your Tow Wrecker Bailment Bond than with Jet Insurance Company! Just click the button to purchase your bond within minutes.

What Is the Lowest Price for the Jacksonville Tow Wrecker Bailment Bond?

Jet offers the Wrecker Bailment Bond for just $10 a month or $100 a year, guaranteed! Pick which payment method you’d like to use and complete your purchase—it’s as easy as that!

Bond TermCost
Monthly$10
1 Year$100
Tow Wrecker Bailment Bond Rates

The Tow Wrecker Bailment Bond Process With Jet

Applying is a loose term for this bond since Jet has one set price for monthly or annual payments. The “application” will just require information needed to complete the bond form, like general business information. Once all that is submitted, you’ll be able to purchase your bond.

Jet will send you a confirmation email with a copy of your bond and a receipt for your records. We will mail the original copy to you so you can sign the bond in front of a witness before submitting it to the Jacksonville Sheriff at the following address:

Jacksonville Sheriff’s Office
501 E Bay St
Jacksonville, FL 32202

How Does a Wrecker Avoid Tow Wrecker Bailment Bond Claims?

The main objective of the Jacksonville, Florida Tow Wrecker Bailment Bond is to make sure the tow wrecker pays the vehicle owner the judgment that came as a result of a suit. Nonpayment of the judgment would lead the vehicle owner to file a claim on the surety bond for restitution.

If you receive a bond claim, Jet always reviews the claim allegation and will defend our clients from false allegations. However, with this bond, the claim would come from a failure to pay a judgment—meaning that a court has already reviewed evidence and reached a verdict. A valid claim would require Jet to pay out the damaged party (the owner). The tow wrecker is not off the hook and will still need to repay Jet for the claim payout—this is the standard for any surety company.

Tow Wrecker Bailment Bond Information

How to Renew My Bond

See Jet’s process to renew your bond every year. Hint- it’s as easy as your initial bond purchase was!

How to Cancel My Bond

Jacksonville Tow Wrecker Bailment Bonds have a 15-day cancellation period. See the details on how to cancel your bond.

Jacksonville Tow Wrecker Bailment Bond Form Sample

Jacksonville Tow Wrecker Bailment Bond Form

Notary Bond Application:

X

Business Information:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Employee Dishonesty Bond Application:

Business Information:

Business Description:

Coverage Requirements:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Contract Bond Application:

X

Business Information:

Owner Information:

Job Details:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Worker's Compensation Application:

X

Business Information:

Business Description:

Coverage Requirements

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information: