What Is A Fuel Tax Bond?
A fuel tax bond is a form of insurance that fuel sellers purchase that guarantees their payment of state taxes on fuel. Because these are high-risk bonds, the rates can differ among agencies. The bond protects against any illegal or unethical actions by fuel sellers.
Before fuel sellers purchase a bond from an agency, they must submit themselves to a credit check, have their application approved, and go through other screening processes.
Ox Bonding is prepared to help fuel sellers purchase fuel tax bonds with a free quote, knowledgeable staff, and friendly customer service. Get started now!