As of 2019, the Florida Department of Highway Safety and Motor Vehicles (FLHSMV) Division of Motor Services requires businesses that are currently enrolled or applying to be in the Private Rebuilt Vehicle Inspection Program (PRVIP) to obtain a $100,000 Rebuilt Motor Vehicle Inspection Facility Bond.
Jet Insurance Company provides the Rebuilt Motor Vehicle Inspection Facility Bond which gives the Division of Motor Services financial assurance that the facility owner and its employees will follow all license and program regulations. If violations are committed that result in motor vehicles having to be reinspected by the Division, the surety bond will be used as a means of restitution by the FLHSMV for the costs they have incurred.
At Jet, Prices for the Rebuilt Motor Vehicle Inspection Facility Bond are a small percentage of the $100,000 limit and are based on the credit score of the facility owner. In some cases, further information such as business financial statements may also be needed for the underwriting process. Select the “Apply for Your Bond” button above to get started!
Jet’s application for the Rebuilt Motor Vehicle Inspection Facility Bond is online and can be completed in just a few minutes. To begin the process, you will need to fill out the blank fields of the application (e.g. contact details and social security number) and submit the completed form.
Once submitted, Jet will review your application and run a soft credit check (this won’t affect your score). If further details are needed, a Jet team member will give you a call right away. Otherwise, you’ll receive an approved rate via email. All you need to do is fulfill the payment due. You’ll receive a copy of your receipt and bond form soon after. It’s that easy!
Once you have purchased your Rebuilt Motor Vehicle Inspection Facility Bond, Jet will fill the form out appropriately and send it your way. It will then be up to you to sign the original bond form and submit it, alongside any other required paperwork, to your local Florida Department of Highway Safety and Motor Vehicles.
If you are unsure which location is closest to your home address, the mailing address and contact information for each Florida Department can be found on the FLHSMV’s Locations webpage.
The Rebuilt Motor Vehicle Inspection Facility Bond will expire on the form’s filled-in date (typically after one year) and will need to be renewed if you plan on continuing to be part of the PRIVP. To learn how to renew your bond, take a look at our “How to Renew My Bond” post below.
If you need to cancel your bond prior to its expiration date, send us a message to [email protected] and we’ll help you out!
As a private rebuilt motor vehicles inspection facility, you and your employees are expected to follow all license regulations pursuant to Title XXIII, Chapter 319 of the Florida Statutes, as well as the requirements of the Private Rebuilt Vehicle Inspection Program. Failure to comply can result in the FLHSMV, Division of Motor Services, terminating your enrollment in the program and/or filing a claim on your license bond.
A claim on the Rebuilt Motor Vehicle Inspection Facility Bond will typically occur if the Division finds that you have committed a violation such as negligence or criminal malfeasance. For instance, inspecting a vehicle that you have a direct or indirect interest in and falsely reporting it as a passing motor vehicle is a major violation. Not only will your facility be terminated from the program, but the Division will have to go back and reinspect every vehicle your business has worked on to ensure that you and your employees have not falsified previous inspection reports. To cover the costs of this operation, the Division of Motor Services will file a claim on your surety bond.
If you receive an official claim notice from the FLHSMV, contact Jet as soon as possible with all available information. Our team will need to review these details and any documentation regarding your accused violation.
According to the Rebuilt Motor Vehicle Inspection Facility Bond form, justified claims must be paid out (never to exceed the bond amount). If this occurs, you will be expected to reimburse Jet for the claim payout that was made on behalf of your business’s transgression—this process is required by all surety providers. Unfortunately, failure to fulfill this requirement can result in future difficulties obtaining a license bond in the State of Florida.