Private Insurance Bond
The self-Insurance through private Subrogation Bonding meets all states requirements for LIABILITY. At the present it is a form of self insurance that eliminates the need for you to purchase monthly liability Insurance. This Bond is good for 2-5 Years depending on the package you choose and each state's requirements. It is being accepted by DMV's and even some banks that hold a loan on your car as valid liability. Once the application is completed, you will receive an insurance card to carry with you containing your policy (bond) number.
​​
Since at present this is a form of "self-Insurance," you will want to review your safety
record when traveling. Are you generally a very safe and proactive traveler who is
very careful and never reckless? If you answered YES, This may be an excellent choice for you.
​
Note: Currently the Bonding Team is working on the process of being able to have a full coverage
insurance bond, but it is not currently available.
​​
We have had an attorney check out these bonds over a two week period and tell us that they ARE
valid and could be collected on, so it is promising. However, the process is not ready for use.