Louisiana Manufactured Housing Transporter Bond

Louisiana Manufactured Housing Transporter Bond

We write Manufactured Housing Transporter Bonds in Louisiana.
Our price is $500 for qualified applicants.

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Louisiana Manufactured Housing Transporter Surety Bonds | Bondability

Louisiana Manufactured Housing Transporter Surety Bonds

If you are a transporter of manufactured housing in Louisiana, securing a surety bond is essential to meet state licensing requirements and demonstrate commitment to industry standards. Here’s what you need to know about the bond requirements and how Bondability can support you.

Understanding the Surety Bond Requirement

Under Louisiana law (House Bill 517), all transporters of manufactured homes must provide a $25,000 surety bond or an equivalent irrevocable letter of credit annually. This requirement, overseen by the Louisiana Manufactured Housing Commission, ensures that transporters operate responsibly and adhere to state standards for installation quality and safety.

Purpose of the $25,000 Surety Bond

The bond acts as a financial safeguard, protecting homeowners in cases where transporters fail to comply with state regulations. If violations occur, the bond provides a source of compensation for affected parties, supporting the maintenance of industry integrity and homeowner trust.

Bond Amount and Cost Options

Qualified applicants can secure the required $25,000 surety bond through Bondability at a competitive rate of $500. This cost-effective option allows transporters to meet state requirements affordably.

Simple Application Process

To apply for your bond, complete our straightforward online application available on this page. Once submitted, our team will review your application promptly, aiming to secure your bond approval as quickly as possible. This streamlined process helps you fulfill licensing requirements with ease, allowing you to focus on your business.

Why Choose Bondability?

  • Fast, Easy Bonding: Our streamlined application and approval process gets you bonded quickly.
  • Affordable Rates: Qualified applicants can secure the required bond for $500.
  • Industry Expertise: We understand Louisiana’s manufactured housing requirements and offer guidance tailored to your needs.

Bond Details at a Glance

  • Obligee: Louisiana Manufactured Housing Commission
  • Bond Amount: $25,000
  • Bond Premium: Starts at $500

Complete your application today.

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By submitting this Application, the owners listed above hereby authorize BondAbility, (including any of its representatives affiliates, agents or designees) to conduct any and all investigative inquiries including but not limited to obtaining consumer credit reports. Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance or statement of claim containing any materially false, incomplete, or misleading information, or conceals information concerning any material fact whereto, commits a fraudulent insurance act, which is a crime punishable by incarceration, and shall also be subject to civil penalties