Tennessee Motor Vehicle Dealer Surety Bond
We write $50,000 Motor Vehicle Dealer Bonds in Tennessee.
Our GOOD CREDIT price as low as $528 for 2 years
Tennessee Motor Vehicle Dealer Bonds are required by the Tennessee Motor Vehicle Commission. The required bond amount is $50,000. These bonds are issued for a 2 year term and expire on the last day of the month.
*To qualify for the $528 two year preferred premium, the applicant must have good credit, own a home and have been in business at least 3 years. Other rates slightly higher.
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 - Tennessee Motor Vehicle Commission
Bond Amount - $50,000.00
Bond Premium - $528 preferred premium for 2 years*
Renewal Document - Renewal/Continuation Certificate required.