Click to verify BBB accreditation and to see a BBB report.
McAfee Secure sites help keep you safe from identity theft, credit card fraud, spyware, spam, viruses and online scams
Follow us on twitter!
  #1 (permalink)  
Old 04-04-2007, 05:21 AM
papiowhisperer
Guest
 
Posts: n/a
Default Surety Bond for Driving Offenses

I had a couple driving mis-haps (never to happen again one-day-at-a-time) and the state of Hawaii requires me to take out a 3yr surety bond for $25,000.

Has anyone had a similar experience or can someone give me some direction?

Thanks in advance.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #2 (permalink)  
Old 04-04-2007, 01:15 PM
papiowhisperer
Guest
 
Posts: n/a
Default Proof of Financial Responsibility

Upun further research of Hawaii Revised Statutes, I am need to provide proof of financial responsibility in the amount of $25,000 and maintain this proof for 3 years. This proof must be provided to the Dept. of Customer Services Financial Responsibility Section.

Now my question is what kind of costs am I looking at to do this with a surety bond? My other options are to go through my insurance company (SR-22), self insurace, money or a conventional bond.

Any and all help is greatly appreciated.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #3 (permalink)  
Old 04-04-2007, 01:19 PM
Administrator
 
Join Date: Jan 2005
Posts: 719
Default

Surety bonds will not make financial guarantees. The state may say that the bond is an option, but I doubt you will find a carrier willing to back this type of guarantee.

You can try to obtain an approval, which our agents may be able to obtain through a high risk market for you. However, I would guess that your other options would end up being less costly.
__________________
Surety Bond Articles
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On




All times are GMT -4. The time now is 01:52 AM.


Powered by vBulletin® Version 3.8.2
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.1.0
©2005-2008 JW Bond Consultants, Inc. All rights reserved.