In Pennsylvania an individual and/or company that is applying for a Certificate of Authorization as a Salvor in file and maintain with the Department a Pennsylvania salvor bond. The bond must be written in the amount of $10,000 for each place of business, executed by a surety company authorized to transact business in the Commonwealth of Pennsylvania. The surety bond issued on Form MV-375, must indemnify the public and the Department against any damages incurred as a result of negligence or intentional conduct by the principal and employees thereof and guarantee compliance with 75 Pa. C.S. 7302. The nation’s surety leader, Surety One, Inc. offers motor vehicle dealer bonds and related vehicle service bonds in all states where they are required by law. Our special program affords access to these bonds regardless of credit and financial condition for all applicants. For more information visit us at SuretyOne.com, call (787) 333-0222 or (800) 373-2804, or email us at Underwriting@SuretyOne.com for a Pennsylvania motor vehicle salvor bond application or for information on other surety bond needs.
