New Opportunity for Alabama Insurance Agents – Auto Dealer Bond Increases to $50,000
August 25th, 2020 New Opportunity for Alabama Insurance Agents – Auto Dealer Bond Increases to $50,000 In an effort to combat Motor Vehicle Dealers from illegally selling faulty vehicles by acting as private sellers, a practice known as curbstoning, Alabama has passed House Bill 393 which increases the surety bond requirement from $25,000 to $50,000. The …
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