How Much Does An Auto Dealer Bond Cost?

Click here if you don't know what an auto dealer bond is.

The price of an auto dealer bond is determined by a surety.

A surety is an insurance company that specifically underwrites surety bonds. (Not all insurance companies provide surety bonds.)

Every surety does their own - independent - assessment when providing a rate for a surety bond.

This means you'll get a different price from each surety.

And this means the lowest rate can save you hundreds of dollars.

How is an Auto Dealer Bond Price Determined?

All states (except Ohio) require a custom rate quoted by a surety to determine exact pricing.

The rate quoted by a surety are based on:

• Credit of the owner or owners
• Industry and business experience of the business
• Any prior bond claims if there are any from previous licenses held
• Plus the overall landscape of the dealership claims in the state

Using a specialized surety agency like Surety Bonds Direct will save you money.

How Much Money Will You Save?

We work with our network of proven, A-rated sureties to price shop for you and find the lowest possible price.

The best part is, you're under no obligation to purchase once we find you pricing.

Having helped thousands of auto dealers across the country...

The price difference between rates can be hundreds of dollars.

**With the money you save, you can pay:

• Application fees
• Examination fees
• Additional insurance costs like liability insurance
• Other fees or costs to get your business up and running

Purchasing an Auto Dealer Bond Is Easy

If you agree to the low price we find you, purchasing your surety bond is as easy as completing an online checkout form.

After a successful purchase, our issuance team will:

• Prepare the correct bond form
• Collect the necessary signature
• Ensure the seals are in place
• And provide the power of attorney

Some auto dealer bonds must be physically mailed to you so you can turn in the original bond.

Most auto dealer bonds can be emailed to you so you can submit a copy of the bond.

Let Us Manage This Process For You And Save Your Money!

If this is your first time purchasing an auto dealer bond, the concept may be new to you.

Let's us manage the process for you so:

• You do not overpay for your surety bond
• Get the process done quickly and correctly

If you know the bond you need, click here and choose your state to get started.

If you're unsure of the bond you need, fill out our free online quote form and provide as much details as you can.

Our system will find the bond you require or a bond specialist will call you can help you get this process done.