Maryland — Motor Club Deposit Bond
Maryland keeps club security in trust while State obligations remain. Match the Commissioner's amount and form before ordering.
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- Recorded state
- Maryland
- Bond type
- Automobile Club / Motor Club Bond
- Category
- Vehicles, titles & transportation
What this bond does
Section 26-204 requires the security deposit with the Treasurer and permits the specified government bonds, surety bond or letter of credit. The bond basis is at least $100,000 unless the Commissioner approves a lower amount, never below $15,000. Use the actual determination.
- Who needs it
- The Maryland motor-club license applicant or renewing company, with its service contract and separate financial evidence. The program's capital/surplus tests do not themselves choose the security sum, and individual representative registration is a separate filing.
- Who it protects
- The statute requires the bond in favor of the State for Maryland-resident members, conditioned on the club's Title 26 obligations including imposed fines, fees, penalties and ordered restitution. Surety liability is limited to the penal sum; security must be maintained while State liabilities or obligations remain outstanding.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.
Sources
- Maryland Insurance Administration: Motor Club Licensing Applications (opens in a new tab)Checked October 26, 2026
- Maryland General Assembly: current Insurance 26-204 (opens in a new tab)Checked October 26, 2026
Have these ready
- Identify the actual company license and existing Treasurer security.
- Obtain the Commissioner's form and amount determination.
- Prepare the separate financial and service-contract evidence.
- Match State/member beneficiaries, principal, condition and dates.
- Coordinate continuation/substitution and separate company/representative filings.
Questions about this bond
Do capital and surplus automatically set a $15,000 bond?
No. The program requests financial evidence separately. A lower security amount requires the Commissioner's discretion under 26-204; do not derive it simply by adding the program's capital and surplus figures.
Does closing the business automatically return the security?
The statute requires satisfactory proof that business has stopped and liabilities/obligations are satisfied, with the described approval and Treasurer release. Closing alone is not that proof.
Must every renewal replace an existing bond?
The current program asks for a continuation certificate where a bond is already on file. Match the accepted file instead of assuming each company renewal requires duplicate new security.