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Home > Blog > Pan American Insurance Blog: auto dealers
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Pan American Insurance Blog: auto dealers

View the latest blog posts from Pan American Insurance.

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Tuesday, February 3, 2015

The Basics of Auto Dealer Bonds

In all 50 states, car dealerships are required to post an auto dealer bond — a type of commercial surety bond — in order to get fully licensed. Where insurance protects your business, bonds are designed to protect customers. Essentially, a bond acts as a contract between the dealership, customers and a surety company. READ MORE >>
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