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Automobile broker bond cost

If you purchase, arrange or assist in the purchase of an automobile for a consumer, you are required to post a surety bond in the amount of $75,000.

This bond is subject to underwriting, meaning that the financial credentials of your credit report determines the amount you pay for your bond. Regardless of your credit report our surety specialist can get you the bond you need!

Why this bond

By posting a bond, the principal promises to conduct faithful and honest business in accordance with state laws. More specifically, this bond offers coverage for any claim which may arise.

Automobile broker bond details

All bonds will remain in full force unless voided. For information on what is needed for license approval, contact the Department of State Licensing Services.

Apply for your surety bond

Get a FREE Automobile Broker Bond Quote Today! Click here to begin

 

Additional information