A motor fuel supplier bond is required by the State of Arizona as a prerequisite to obtain a motor fuel supplier license in Arizona.
The bond is conditioned upon the prompt filing of true reports and payment by the supplier of all motor fuel taxes that are levied or imposed by Arizona, together with all penalties and interest on the taxes, and generally on faithful compliance with State of Arizona statutes.
Applicants for a motor fuel supplier license are required by the State of Arizona to obtain a bond.
A surety bond in the amount equal to two times the estimate of the supplier’s monthly tax, determined in a manner deemed proper by the Director of Transportation, is required by the Director of Transportation and State of Arizona statutes.
The total amount of the bond required shall be at least $5,000 but no more than $5,000,000.
Colonial offers the direct and digital way to obtain an Arizona motor fuel supplier bond. We are the insurance company — which means no agent, no broker, and no middleman. We make it easy to obtain your bond instantly. The steps are simple — get a quote online, fill out your information, and enter your payment method. Print your bond from your home or office. It’s that simple!
An Arizona motor fuel supplier bond is reasonably priced and easy to obtain. You may notice that with other insurance agents and middlemen companies, your premium rate will fluctuate and include additional hidden fees and costs. Colonial offers our lowest possible rate. Premium is based on the amount of the bond required by the applicable government agency.
It is important to understand how surety bonds work, and who is the insurance company issuing your bonds. It is easy to obtain an Arizona motor fuel supplier bond when you deal direct with a quality insurance company licensed to write surety bonds. Colonial is an A (Excellent) rated insurance company by A.M. Best, that has been incorporated since 1930. We are Treasury listed, and licensed and admitted in all U.S. states and territories.
Arizona Motor Fuel Supplier Bond
A motor fuel supplier bond is required by the State of Arizona as a prerequisite for a motor fuel supplier to receive a motor fuel supplier license and to legally conduct business in Arizona.
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