California Motor Vehicle Dealer Surety Bond
We write $50,000 Motor Vehicle Dealer Bonds in California.
Our GOOD CREDIT price is $400.
In California, auto dealers are required to obtain an auto dealer surety bond as part of the licensing and regulatory requirements to operate a dealership. This bond is also known as a Motor Vehicle Dealer Bond. The primary purpose of this bond is to protect consumers and the state against fraudulent or unethical practices by auto dealers. The California Motor Vehicle Dealer surety bonds are required by the California Department of Motor Vehicles, Occupational Licensing Section. The required bond amount is $50,000. Our good credit price is $400.
Most applicants with good credit will qualify for rate indicated. In order to receive your specific quote, we must review your qualifications to determine the lowest possible price. If you have already been declined or nonrenewed by another Surety Company, chances are you will not qualify for this preferred rate.
We have various sureties willing to write bonds for applicants with less than perfect credit, including a special program with very competitive prices for those with just a few credit blemishes.
We find the best possible price for your surety bond given your particular qualifications.
Additional information about this corporate surety bond requirement is as follows:
Obligee - California Department of Motor Vehicles, Occupational Licensing
Bond Amount - $50,000.00
Bond Premium - Varies
Renewal Document - None.
Click on the No Obligation Quote button to complete our simple, one-page online bonding application. Completing the following application allows the underwriters at BondAbility to provide you with a specific quote for the exact bond you need. After you submit our online application, we will respond with your personalized quote within the hour!