A fuel tax bond guarantees that all fuel sellers operating within a state will pay the state government all required taxes, penalties, and any interest owed. A fuel tax bond is required to be posted for all fuel owners as long as their license is active.
Ready to apply? Our Fuel Tax Bond Application is fast and easy to complete.
Current Market for Fuel Tax Bonds: As is the case with any financial guarantee, fuel tax bonds are looked at by bonding companies as being relatively high risk. Depending on the bonding company, and their knowledge and experience in dealing with fuel tax bond, rates may vary. Therefore it is important to find an agent knows this specific market, in order to get a competitive rate. Our agency works closely with surety bond producers that specialize in fuel tax bonds, and therefore will be successful in helping you find the lowest possible rate given your company's specific level of risk.