Those wanting to serve as Deputy Registrars for the Ohio Bureau of Motor Vehicles (BMV) must purchase a $25,000 Deputy Registrar Bond as part of the contract requirement. Through the service of vehicle licenses, driver licenses, ID cards and other BMV permitted activities, there is an opportunity for deputy registrars to embezzle or fraudulently represent the BMV. Damages caused to the public or to the State of Ohio through those actions, but not subsequently rectified by the deputy registrar, are covered by Jet Insurance Company.
The State of Ohio Department of Public Safety, Bureau of Motor Vehicles may enforce the rules surrounding deputy registrars, but their obligations are found in the state legislature: Ohio Administrative Code Chapter 4501:1-6 and in the Ohio Revised Code Chapter 4507.
The deputy registrar bond is a tool used by the State of Ohio to protect itself from losses sustained at the hands of their appointed deputies. By involving a third party financial institution, like Jet, the State can be guaranteed payment if the deputy disappears or is unable to make restitution for their ill deeds.
If you want to get the bond and never worry about it during the 5-year contract, you can do one of two things: purchase the bond for as low as $25 monthly or pay for the whole thing up front at $1,000. Give us a call at (855) 296-2663 if you plan to do the five year bond. Rates are based upon the credit score of the deputy registrar and Jet’s preferred tier rate options are shown below.
|*available upon request|
With Jet, you have the advantage of either saving some cash up front with the monthly option or saving overall with our multi-year options. The monthly option is automatically withdrawn from the card you provide.
You can apply and purchase online in minutes by clicking the button above. As noted, the four- and five-year bond term options are not available online. Please call and we will send you an email with an option to purchase the longer bond terms. We do require a social security number on the application to run a soft credit check. It only takes a second and will not affect your credit score.
Once purchased, the original bond will be shipped to you. You will need to sign the bond and submit to your assigned BMV district field staff. We will email you a copy of the bond and receipt of purchase following payment.
If you purchase anything other than the monthly or 5-year bond, then you will have to renew the bond at its expiration date. The bond must be active as long as you are operating under a deputy registrar contract. Jet will send you a renewal notice well in advance of the bond’s expiration date. You only need to provide payment before the bond expires and we’ll take care of the rest.
You can request cancellation of the bond by emailing us at [email protected]. Jet will send a notice of cancellation to the BMV. We do have to wait 30 days before the BMV will release us from our liability and cancel the bond. At that time, we will stop the monthly payments or return a prorated refund back to you for any time left on the bond.
To put it simply, the best way to avoid any trouble as a deputy registrar is to act honestly. The rules to play by are found in the Ohio Administrative Code and in the Ohio Revised Code, but the key is to not commit any fraud or embezzlement. When fees (including service fees) are collected, the appropriate amount must be forwarded to the BMV. The following chart shows examples of what service fees can be kept by the deputy registrar.
|Fee Type||Service Fee Amount|
|Driver License Reinstatement||$8.00|
Trouble may also arise from the improper issuing of licenses, failing to maintain a proper site, neglecting required services, and so on.
The State of Ohio will bring action against you following their own investigation or complaints by the public. It is advised that you maintain proper records and be compliant with the regulatory agency during an investigation.
If a claim against the bond arises, Jet will defend you from any malfeasance coming from the State of Ohio (should it exist). In order to do so, we will need any information you can provide regarding the case.
If the case is valid against the deputy registrar and the deputy refuses or cannot pay back the damages inflicted upon the State of Ohio, Jet will make payment for the claim up to, but not exceeding, the $25,000 limit. Be advised this does not transfer the responsibility of the deputy’s actions to Jet. The deputy registrar will need to pay Jet back for the amount paid out. Jet guarantees the payment, as all surety companies do, to the State; it is our role as surety to do so but not to assume the guilt of unlawful actions.