Dealer Surety BondApply for Dealer Surety Bond now ★
American Surety Bonds Agency, LLC provides simplified and fast underwriting for Dealer Bonds in all states.
Other names for Dealer bonds:
- Auto Auctioneer Bond
- Boat Dealer Bond
- Dismantler Bond
- Electronic Records Access Bond
- Franchise Dealer Bond
- Ignition Interlock Installer Bond
- Mobile Home Dealer Bond
- Motor Vehicle Dealer Bond
- Motorcycle Dealer Bond
- Recreational Vehicle Dealer Bond
- Third Party Vendor Bond
- Trailer Dealer Bond
- Used Car Dealer Bond
- Watercraft Dealer Bond
- Yacht Dealer Bond
- Yacht Salesperson Bond
What is an Dealer Bond?
A Dealer Bond guarantees that the Principal will comply with state laws, rules and/or regulations regarding the sale of vehicles whether new or used.
A Dealer Bond is a state bond. States that require a Dealer bond require the Principal to have a bond in place in order obtain their state license to sell motor vehicles.
A Dealer bond is many different things to many different dealers and can encompass a variety of vehicles such as mobile homes, watercraft, recreational vehicles, trailers and more.
The bond amount and expiration date vary by state.
What are the underwriting guidelines?
Dealer Bonds are underwritten on the following criteria:
- Applicant’s Credit History
- Bond Amount
- Business and Personal Net Worth
- Length of Time in Business
- Guarantee of the Obligee
How much does the bond cost?
American Surety Bonds has a number of programs in place for Dealer Bonds. Our 5-tiered program starts at less than 1% of the bond amount with competitive rates for all applicants.
Contact us today to find out which program you qualify for.
How do I apply for a Dealer Bond?
To apply for a Dealer Bond, simply complete the bond application. Click here to download application our application and e-mail, fax or mail your application back to us to get started. Or, give us a call and we will be happy to get you started. Apply today, Approved Today!
Who can I contact for more information?
MM, Senior Underwriter