The Florida motor vehicle dealer bond guarantees that the licensed dealer is in compliance with The Division of Motorist Services under Section 320.27 Florida Statutes. The bond protects consumers from fraud or misrepresentation by the car dealer.
This surety bond is required for all Florida licensed independent, wholesale, auction, or salvage motor vehicle dealers.
The bond premium is based on credit and years of industry experience. With strong credentials, the bond premium can be as low as $175 per year.
To get a free motor vehicle dealer bond quote, complete our online application and submit. You can also download and complete the PDF application and email to apps@southcoastsurety.com or fax to 949.361.9926. Once we receive the application, a quote will be email to you in 48 hours or less.
This surety bond guarantees that the licensed dealer is in compliance with The Division of Motorist Services under Section 320.27 Florida Statutes. The bond protects consumers from fraud or misrepresentation by the car dealer. This bond can cost your business as little as $175 per year.
Fill our our secure online application and our team will quickly send you a free quote with the best rates available based on your credit score and years of experience in the industry.
We have great solutions for individuals with challenged credit. Our app is quick & easy to fill out!
Requirements to Obtain a Florida Motor Vehicle Dealer License
South Coast Surety has been proudly providing surety support to all fifty U.S. states for twenty years. Starting out as a small agency with a dream in San Clemente, California, we have steadily grown into one of the largest bond-only agencies in the nation. We write all commercial bonds and contract bonds for every American business and industry. Our greatest achievement is helping our clients grow their business alongside our own through coaching and obtaining larger bonding limits at the best rates. We work hard for our clients and take pride in bonding businesses that have been declined by our competitors.