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  Motor Vehicle Dealer Bond News
  Missouri - Posted on Wed, Feb. 07, 2007
A bill has been introduced in the Missouri legislature that, if passed, would raise auto dealers’ surety bond requirements to $100,000. Current law requires car dealers to post a $25,000 bond for liability purposes.
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Motor Vehicle Dealer Bond for All New or Used Motor Vehicle Dealers
South Cost Surety offers a streamlined approach to underwriting these surety bonds.

NEW Bond Requirement:
South Carolina Motor Vehicle Dealer Bond Increase Effective 1/1/2007 to $30,000

 

ALABAMA

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  $10,000 Motor Vehicle Dealer Bond
  • Super Preferred $ 100
  • Preferred $ 125
  • Standard $ 150

Complete Application
 

ARIZONA

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Used MVD Dealer Bond Rates Start at $250

$25,000  Standard Motor Vehicle Dealer Bond
SECURE on-Line Application
or Please Click Here to print an application form

$50,000  Standard Motor Vehicle Dealer Bond*
SECURE on-Line Application
 or Please Click Here to print an application form
*Financial Statements May be required.

$100,000  New Business Motor Vehicle Dealer Bond
Rate starts at $800
Please Click Here to print an application form
Business & Personal Financials and background (resume) statement are required.

All MVD Bond Applications Require> Motor Vehicle Dealer Name Verification Form
Fax completed form to (949) 361-9926

*Rates are subject to Bond Amount and Credit

ARKANSAS

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MVD Dealer Bond Rates Start at:
$125 New Car Dealer
$160 Used Car Dealer

$25,000  Standard Motor Vehicle Dealer Bond

 Please Click Here for application form

 

California

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Stellar Credit Surety Bond Rate Now Available
$50,000 Motor Vehicle Dealer Bond
Only $500 annual premium*

Requires 5 years in business, stellar credit, Own California Real Estate and $500k net worth May Require Business Statement

Complete Application , Personal Financial Statement
& Motor Vehicle Dealer Name Verification Form

* Less Than 5 Years in Bus., Rate adjusted to credit profile 1% - 15%

We also offer the following motor vehicle dealer bond annual rates* based on qualifying credit:

  • Super Preferred $ 800 Per Year
  • Preferred $ 1000 Per Year
  • Standard $ 1500 Per Year

$ 10,000 WHOLESALE DEALER (LESS THAN 25 CARS PER YEAR) 1 yr @ $ 200.00 (GOOD CREDIT REQUIRED)
Please Click Here to print an application form   (CNA)
& Motor Vehicle Dealer Name Verification Form
Fax completed form to (949) 361-9926

Apply On Line
SECURE on-Line Application for CA Standard Motor Vehicle Dealer Bond 

*Surety Bond Rates are based upon review of complete application and credit.
  COLORADO Back to Top
  MVD Dealer Bond Rates Start at: $300 
For $30,000  Standard Motor Vehicle Dealer Bond

Effective 7/1/2007 - Colorado Motor Vehicle Dealer Bond
Increased to $50,000
Bond Rate Starts at: $500 

Please Click Here for application form
  CONNECTICUT Back to Top
 

MVD Dealer Bond Rates Start at:
$200

For $20,000  Standard Motor Vehicle Dealer Bond

 Please Click Here for application for
 

FLORIDA

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$25,000 Motor Vehicle Dealer Bond
  • Only $199.00 Per Year

Complete Application

Georgia

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MVD Dealer Bond Rates Start at:
$143
>>>>Special 2 year rate only $250

For $20,000  Standard Motor Vehicle Dealer Bond

Please Click Here for application form

IDAHO

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MVD Dealer Bond Rates Start at:
$200 New Car Dealer
$400 Used Car Dealer

For $20,000  Standard Motor Vehicle Dealer Bond

 Please Click Here for application form

Illinois

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$20,000 Motor Vehicle Dealer Bond
    • Super Preferred $ 200
    • Preferred $ 250
    • Standard $ 300

Complete Application

IOWA

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MVD Dealer Bond Rates Start at:
$235

For $50,000  Standard Motor Vehicle Dealer Bond

 Please Click Here for application form

KANSAS

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$30,000 Motor Vehicle Dealer Bond
  • Super Preferred $ 300
  • Preferred $ 375
  • Standard $ 450

Complete Application

MARYLAND

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MVD Dealer Bond Rates Start at:

0.75% of Bond Amount for New Car Dealer
1.00% of Bond Amount for Used Car Dealer

See State Web Site for Motor Vehicle Dealer Bond Amount Needed

Please Click Here for application form

MICHIGAN

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MVD Dealer Bond Rates Start at $150

For $10,000  Standard Motor Vehicle Dealer Bond

 Please Click Here for application for

Mississippi

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$15,000 Motor Vehicle Dealer Bond

  • Super Preferred $ 150
  • Preferred $ 188
  • Standard $ 225

Complete Application

Missouri

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$25,000 Motor Vehicle Dealer Bond

  • Only $125.00 Per Year

Complete Application

MONTANA

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MVD Dealer Bond Rates Start at:

$400 for $50,00 bond Amount for New / Used Car Dealer
$120 for $15,000 Bond Amount for Motorcycle Dealer

 Please Click Here for application form

NEBRASKA

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MVD Dealer Bond Rates Start at $175

For $25,000  Standard Motor Vehicle Dealer Bond

 Please Click Here for application form

NEVADA

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MVD Dealer Bond Rates Start at:
$750 New Car Dealer
$1000 Used Car Dealer

For $50,000  Standard Motor Vehicle Dealer Bond

 Please Click Here for application form

NEW JERSEY

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MVD Dealer Bond Rates Start at $100

For $10,000  Standard Motor Vehicle Dealer Bond

 Please Click Here for application form

NEW York

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MVD Dealer Bond Rates Start at:
$10,000 Dealer Bond - $140 for 2 year term
$25,000 Dealer Bond - $350 for 2 year term
$50,000 Dealer Bond - $700 for 2 year term

For up to $50,000 Motor Vehicle Dealer Bond

 Please Click Here for application form

NORTH CAROLINA

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MVD Dealer Bond Rates Start at:

Motor Vehicle Dealer Bond

New

Used

$25,000

$150

$182 annual

$300

$400 3 yr. ppd.

$50,000

$300

$400 annual

$600

$800 3 yr. ppd.
Please Click Here for application form

NORTH DAKOTA

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MVD Dealer Bond Rates Start at $165

For $25,000  Standard Motor Vehicle Dealer Bond

 Please Click Here for application form

OREGON

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MVD Dealer Bond Rates Start at:
$800 New or New and Used Dealer
$1200 Used Dealer

For $40,000  Motor Vehicle Dealer Bond

 Please Click Here for application form

Pennsylvania

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$30,000 Motor Vehicle Dealer Bond
  • Super Preferred $ 300
  • Preferred $ 375
  • Standard $ 450

Complete Application

South Carolina

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$30,000 S.C. MVD Application - Merit (RLI) 1 yr
$ 210.00 Merit
$30,000 S.C. MVD Application - Preferred (RLI) 1 yr
$ 300.00 Preferred
$30,000 S.C. MVD Application - Standard (PLT) 1 yr
$ 900.00 Standard

South Dakota

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MVD Dealer Bond Rates Start at:
$225

For $25,000  Motor Vehicle Dealer Bond

 Please Click Here for application form

TENNESSEE

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MVD Dealer Bond Rates Start at:
$240 for 2 year prepaid term

For $25,000  Motor Vehicle Dealer Bond

 Please Click Here for application form

TEXAS

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Three rate programs available, all require good credit:

0 - 2 years experience as a licensed dealer, with no claims. $375 annual premium

2 - 4 years experience as a licensed dealer, with no claims. $300 annual premium

4 + years experience as a licensed dealer, with no claims. $225 annual premium

Please Click Here to print an application form   (CNA)
& Motor Vehicle Dealer Name Verification Form

 

UTAH

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MVD Dealer Bond Rates Start at:
$1000

For $50,000  Motor Vehicle Dealer Bond

 Please Click Here for application form

 

VERMONT

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  $5,000 to $15,000 Motor Vehicle Dealer Bond
  • Super Preferred 1.00%
  • Preferred 1.25%
  • Standard 1.50%

Complete Application
 

VIRGINIA

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MVD Dealer Bond Rates Start at $250

For $25,000  Standard Motor Vehicle Dealer Bond

 Please Click Here for application form

 

WASHINGTON

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  MVD Dealer Bond Rates Start at:
$300

For $30,000  Standard Motor Vehicle Dealer Bond

Please Click Here for application form
 

West Virginia

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MVD Dealer Bond Rates Start at $100

For $10,000  Standard Motor Vehicle Dealer Bond

 Please Click Here for application form

 

WISCONSIN

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MVD Dealer Bond Rates Start at:
$350

For $50,000  Standard Motor Vehicle Dealer Bond

 Please Click Here for application form

 

WYOMING

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MVD Dealer Bond Rates Start at:
$500

For $25,000  Standard Motor Vehicle Dealer Bond

 Please Click Here for application form

Other State PROGRAMS

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Car Dealer Bond For Most States
South Coast Surety offers the same streamlined approach to underwriting bonds 


1.5% Rate for Most States*
*Plus 20% premium service fee may be added

All information on one easy application  ---   Quick turnaround on your submission  
SIMPLY Complete the  Application , personal financial statement
& Motor Vehicle Dealer Name Verification Form
Fax completed form to (949) 361-9926

Car Dealer Bond Rates are subject to The State, Bond Amount and Credit Review   (CAP)
Click Here to request information


 

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