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What Are the Steps to Get an Auto Dealer Bond?


What Are the Steps to Get an Auto Dealer Bond?

Getting an auto dealer bond typically takes between 1 to 2 business days.

Surety Bonds Direct is a specialized surety agency. We work directly with the A-rated surety companies who offer the lowest rates on auto dealer bonds.

Here are the 3 steps to get an auto dealer bond:

 

Step 1 - Request a Bond Specialist To Shop For You

When you request pricing from Surety Bonds Direct, your bond specialist will begin hitting the phones to find you the lowest price from network of sureties.

A surety is the insurance company who writes auto dealer bonds.

This process can be near instant or it may require a few hours depending on:

This process typically takes less than one business day. Keep in mind the pricing for your bond will be based on:

  • Personal credit history or the owner and/or owners
  • Dealership history and industry experience
  • Past bond claims from ownership if they've been licensed in the past and had a past claim

An auto dealer selling cars.

 

Step 2 - We'll Call You With Your Pricing

Your bond specialist will call and email you with the lowest pricing they were able to obtain.

Up to this point, there is no cost to you.

Our price quotes can save you hundreds of dollars on your auto dealer bond. See for yourself, request your free pricing now.

Take the money you save and put it towards:

  • Application fees
  • Examination requirements
  • Liability insurance costs
  • Fingerprint and background check fees

 

Step 3 - Accept And Get Your Bond Issued

If you accept your auto dealer bond pricing, your bond specialist will help you complete the purchase process.

Purchasing is as easy as ordering anything online. Purchasing takes 90 seconds to complete.

Once your purchase is finished our bond issuance team will get your bond ready and issue to you within one business day.

Most states allow auto dealer bonds to be emailed.

Other states require the bond to be printed and mailed to you.

Once you have your bond you can submit it with your application.

You're now, officially bonded.

An auto dealer selling cars.

See More Surety Bond FAQ


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