Mechanics and auto repair shops in Oregon that perform services like making, altering, repairing, transporting, storing, or supplying materials for motor vehicles and intend to create, assert, or claim a possessory lien on the vehicle must obtain this bond when seeking a Certificate of Possessory Lien Foreclosure to enforce unpaid charges. This excludes tow…
Pricing & timing
What to expect.
Generic pricing
Miscellaneous commercial bonds cover a wide range of business obligations not fitting other categories. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Pricing varies by specific bond type and requirements. Some miscellaneous bonds may price higher depending o…
Typical timeframe
Credit-based approval — varies by bond type
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateORBond amount$20,000ObligeeState of OregonBond classMiscellaneous CommercialCategoryOtherBondVehicle Possessory Lien BondPlain descriptionVehicle Repair GarageWho needs this bondMechanics and auto repair shops in Oregon that perform services like making, altering, repairing, transporting, storing, or supplying materials for motor vehicles and intend to create, assert, or claim a possessory lien…
