West Virginia Motor Vehicle License Service Providers are required by the provisions of Chapter 11, Article 16 of the Code of West Virginia to file a West Virginia Motor Vehicle License Service Bond as a condition of licensure.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The West Virginia Motor Vehicle License Service Bond holds you accountable for your business decisions.
By possessing a West Virginia Motor Vehicle License Service Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.