What is a California IRP Bonded Web User Bond?
The California Department of Motor Vehicles requires Bonded Web User program participants to post $50,000 surety bonds.
Who Needs a California IRP Bonded Web User Bond?
In the State of California, the Bonded Web User Program authorizes participants to electronically access information from the Department of Motor Vehicles (DMV) database. The program allows qualified businesses to remotely process interstate registration services in specific circumstances, including apportioned vehicle license plates, year stickers, Commercial Vehicle Registration Act (CVRA) weight decals, and CVRA year stickers.
Why Do I Need a California IRP Bonded Web User Bond?
Participants in the IRP Bonded Web User program must adhere to specific rules established by the DMV in the IRP Bonded Web User Agreement. This surety bond ensure that participants will not use the information in a false or misrepresentative way, for any purpose that is not explicitly stated in the BWU Agreement, or to commit any act that results in monetary loss for the state or any agency.
The IRP Bonded Web User Bond protects the state and any of its agents, officers, or employees from financial loss resulting from unlawful or unethical actions by the principal.
How Much Does a California IRP Bonded Web User Bond Cost?
A California IRP Bonded Web User Bond is subject to underwriting, and therefore is dependent on the business owner’s credit rating. Request a quote today based upon your specific circumstances.
Get Started Today!
In order to participate in the IRP Bonded Web User Program, you must first purchase an IRP Bonded Web User bond. Don’t delay your application.