A motor vehicle service contract is an agreement for a specific duration of time to perform the repair, replacement, or maintenance of a motor vehicle due to defects in materials, workmanship, or normal wear and tear.
The state of Missouri requires those who sell, offer, negotiate, or solicit an extended service contract with a customer to be licensed. A part of licensing includes providing proof of financial security, such as a surety bond.
Licensing requirements for Missouri motor vehicle service contract providers include:
The premium you pay for a Missouri Motor Vehicle Service Contract Provider Bond depends on the bond amount and your credit. Our rates start at .75% of the bond amount with good credit. Contact our Surety Bond Specialists for a free quote that fits your specific needs.
Missouri motor vehicle service contract providers must renew their registration between Jan. 1 and Feb. 1 each year.
Check out our FAQ page or What’s a Surety Bond? page. Should you need or choose to buy a surety bond, buy from us. SuretyGroup.com has been underwriting surety bonds throughout the U.S. for more than 35 years. When you work with us, you enjoy the unique benefit of dealing with a team of highly experienced surety agents with in-house underwriting authority. This allows you to receive competitive, low rates, quick approvals, and immediate bond delivery. In most cases, your bond will be delivered within 24 hours after you apply for it.
For a downloadable application