Waverly transient merchant bonds.
From $100.
The City of Waverly requires a surety bond as a condition of a transient merchant permit — for a vendor, peddler, or itinerant seller who brings temporary stock or a temporary stand into the city rather than operating a permanent place of business. The city sets the bond amount on your permit — premiums cost 1% of the bond amount, $100 minimum.
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How much does a Waverly transient merchant 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 transient merchant bond — enter your amount, pay, and file with the city. Here is the whole thing:
Apply online
Your business details, the bond amount the city required, and the effective date — that is the application.
Issued on the spot
No credit check up to $25,000, so most bonds generate the moment you pay. No credit check up to $25,000.
File with the City of Waverly
Submit the executed bond with your transient merchant permit application. Wet-ink originals mailed on request.
What it is and who needs it.
What the bond actually guarantees
Many Tennessee cities condition a transient merchant, peddler, or itinerant vendor permit on a surety bond — a consumer-protection guarantee that a mobile or temporary seller will follow the city’s rules and deal honestly with the residents they sell to. The City of Waverly sets the bond amount as part of that permit process.
It is a three-party arrangement: you (the principal), the surety carrier, and the City of Waverly (the obligee), with the public as the protected party. If a vendor violates the city’s transient merchant rules and a resident is harmed, the harmed party can recover against the bond up to its face amount.
It is not insurance for you — if the surety pays a claim, you repay the surety. We do not have a published Waverly municipal code section confirming the exact bond figure or condition language, so we frame this conservatively: confirm the amount and any additional permit requirements with the City of Waverly’s business license office before you apply, and we’ll issue the bond to match your permit.
You need this bond if you're
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
File with the City of Waverly. Submit the executed bond with your transient merchant permit application. 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. Above that, the carrier may run a soft pull, which never affects your score.
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 the city set — the executed bond is generated instantly, ready to file.
Start the application →Common questions.
Other Tennessee bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Get your Waverly vendor permit today.
From $100. Enter the city’s bond amount and file the same day. Free until issued.