Illinois Designated Agent / MVD Bond

We write $50,000 Designated Agent / Motor Vehicle Dealer Surety Bonds in Illlinois.
Our GOOD CREDIT price is $460.00.

Or click here to download a PDF version of the application.

Illinois Designated Agent for Vehicle Dealers Bonds are required by the Illinois Secretary of State - Dealer Licensing Section. The required bond amount is $50,000.00. These bonds expire December 31st of every year. Vehicle dealers must be bonded for the first 60 consecutive months of business operations as long as they have not been delinquent or deficient in the transmittal of title/registration fees or taxes.

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 - Illinois Secretary of State - Dealer Licensing Section
Bond Amount - $50,000.00
Bond Premium - $460.00
Renewal Document - Renewal Bond required.

Preview Bond Form

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!

You are applying for a $50,000 IL Motor Vehicle Dealer Surety Bond.
A free quote will be emailed to you within minutes!

If you would like to see all our Surety Bonds, please click here.

  Here’s How it Works:

1. Click for Quote, fill out PDF. 2. Click Submit. 3. Get your Exact Quote emailed to you.
All bonds are guaranteed to be accepted by the obligee
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