What is a Virginia Household Goods Carrier Bond?
Household Goods Carriers applying for certificates or license with the Virginia Department of Motor Vehicles (Forms OA 141, OA 150, or OA 151) must file a surety bond. The surety bond is required in order to ensure compliance with state mandated rules and regulations. The purpose of the Household Carriers Surety Bond is to indemnify and protect any person who may be harmed financially by fraud, fraudulent representation, or losses due to a breach of contract or violation by the principal or its representatives of any of the provisions of Chapter 21, Title 46.2 of the Code of Virginia in the amount of fifty thousand dollars ($50,000). A similar bond is also required in Virginia for Passenger Carriers and Brokers.
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