Maryland Motor Vehicle Dealer Bond

We write Motor Vehicle Dealer Bonds in the state of Maryland.
Our GOOD CREDIT price is 1% of the bond amount.

Maryland Motor Vehicle Dealer Bonds are required by the Maryland Department of Transportation, Motor Vehicle Administration Division. The required bond amount is based upon the number of vehicles sold, with a minimum of $15,000.

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 - Maryland Department of Transportation, Motor Vehicle Administration Division
Bond Amount - Varies based upon the number of vehicles sold. $15,000, $25,000, $35,000, $50,000, $75,000, $100,000 and $300,000
Bond Premium - $150 for the $15,000 annually, $250 for the $25,000 bond annually, $350 for the $35,000 annually, $375 for the $50,000 annually.
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!

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If there are documents that you would like to upload for our review, please upload them below

By submitting this Application, the owners listed above hereby authorize BondAbility, (including any of its representatives affiliates, agents or designees) to conduct any and all investigative inquiries including but not limited to obtaining consumer credit reports. Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance or statement of claim containing any materially false, incomplete, or misleading information, or conceals information concerning any material fact whereto, commits a fraudulent insurance act, which is a crime punishable by incarceration, and shall also be subject to civil penalties

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Here's How It Works

Click on the click for a no obligation quote button to answer the only questions needed to underwrite. No surprises, no hidden questions, and no endless "next" pages.

Click on the submit application button to send us your application via our secure server. You may also print and fax the application to us at (815) 550-2439.

Get your exact quote emailed in minutes. Choose one of our instant payment options and have your bond issued today! It's that simple.

All bonds are guaranteed to be accepted by the obligee

Maryland Motor Vehicle Dealer Bond