Mississippi service auto shop bonds.
From $100.
The bond a Mississippi auto service or repair shop posts when a service-contract program, lender, or local jurisdiction asks for a surety guarantee. Mississippi has no single statewide “service auto shop” bond mandate — so the amount is whatever your obligee names, and pricing starts from $100, with your exact price shown at the application.
Trusted by industry leaders
How much does a Mississippi service auto shop bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard shop bond — enter your amount, pay, and you have the executed bond. Here is the whole thing:
Apply online
Your business details, the bond amount you were asked for, and the effective date — that is the application.
Issued on the spot
No credit check up to $25,000 for individuals, partnerships and corporations (above that, a soft pull at most); for LLCs, one soft pull at every amount, never a hard inquiry. From $30,000, or at any amount for LLCs, the soft pull may add a short review.
Deliver to whoever required it
Submit the executed bond to your program administrator, lender, or local jurisdiction. Wet-ink originals mailed on request.
What it is and who needs it.
What the service auto shop bond actually covers
Unlike a state license bond, a Mississippi service auto shop bond is generally not a single statewide mandate — there is no one statute that requires every repair or service shop in the state to post a surety bond. We will not imply one that does not exist.
In practice, an auto service shop is asked for a bond by an obligee with a specific interest: a vehicle service-contract or warranty program enrolling the shop as a participating facility, a lender or floor-plan provider, a manufacturer or fleet program, or a city or county that conditions a business privilege on a bond. The bond protects that obligee against losses if the shop fails to perform the work or honor the terms it agreed to.
Because there is no statutory figure, the amount is whatever your program or jurisdiction names. Enter that figure and pricing is 1% of the bond amount, $100 minimum — no credit check up to $25,000 except for LLCs. If the surety pays a claim, you repay the surety; it is not insurance for the shop.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
Deliver to whoever required it. Submit the executed bond to your program administrator, lender, or local jurisdiction. Wet-ink originals mailed on request.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $25,000 for individuals, partnerships and corporations (above that, a soft pull at most); for LLCs, one soft pull at every amount, never a hard inquiry.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with the bond amount you were asked for — the executed bond is generated instantly, ready to deliver.
Start the application →Common questions.
Other Mississippi bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Service shop bond, issued today.
Pricing from $100. Enter the amount you were asked for and deliver it the same day.