What Are Mississippi Manufactured Home Bonds?
Mississippi requires surety bonds as part of the licensing process for installers, transporters and retailers of manufactured and mobile homes. These bonds protect consumers from potential harm by the following professionals:
- Manufactured Housing Installers: Install, repair, and replace units and fixtures in mobile homes and factory built buildings
- Manufactured Housing Transporters: Transport manufactured homes from one location to another
- Manufactured Housing Retailers: Sell prefabricated homes to customers
How Much Do Mississippi Manufactured Home Bonds Cost?
Most qualified individuals can expect to pay a premium of just 1–5% for their manufactured housing bond policy. The cost of your manufactured home bond will vary depending on the bond type, bond amount and your personal credit score.
- Manufactured home installers and transporters need a $25,000 bond, which starts as low as $250.
- Manufactured home retailers need varying bond amounts as determined by the value of contracts. Premium rates start at 1%.
Select your bond below to start your application.
How Do Mississippi Manufactured Home Bonds Work?
Manufactured home bonds bind three parties in a legal contract:
- Principal: The Mississippi retailer, installer or transporter purchasing the bond
- Surety: The provider issuing the bond to the principal
- Obligee: The Mississippi Fire Marshall’s Office, Factory Built Home Division
If a bonded retailer, transporter or installer in Mississippi breaks the contract terms, harmed parties can file a claim to recover damages.
How to Get a Mississippi Manufactured Home Bond
SuretyBonds.com provides the fastest and easiest way to get manufactured home retailer bonds in Mississippi. Just follow these four steps:
- Apply online at SuretyBonds.com
- Get a free quote within one business day
- Purchase your bond
If you are purchasing a manufactured home installer or transporter bond, you do not need to submit an application. These bonds are available for instant online purchase at a flat rate with no credit check.
After receiving your bond in the mail, file it with the Fire Marshall’s Office, Factory Built Home Division along with your other license application materials. If you’re in a rush to receive your documentation, we offer next-day and overnight shipping options.
How Do I Renew My Mississippi Manufactured Home Bond?
Mississippi manufactured and modular home bonds expire annually. A SuretyBonds.com representative will contact you with renewal instructions and an invoice to keep your bond active before your term ends.
How Do I Update My Mississippi Manufactured Home Bond Form?
If you need to update any information on your bond form, call 1 (800) 308-4358 or email [email protected], and one of our friendly representatives will be happy to assist you.