To operate as a motor vehicle dealer in the state of Florida you must acquire a $25,000 Motor Vehicle Dealer Surety Bond to meet the Florida Highway Safety and Motor Vehicle Department requirements. The bonds we offer provide that if the auto dealer (including employees) commit fraud or other actions that may be wrongful to the consumer, their customer will be protected from the consequence that result from those actions. The auto dealer bond ensures the consumer is protected if licensing laws are not adhered to. These bonds are otherwise known as DMV Bonds, Dealership Bonds, Car Dealership Bonds, Motor Vehicle Surety Bonds & Used Auto Dealer Bonds.
The motor vehicle dealer surety bonds we offer meet state auto dealer licensing requirements. We also offer garage liability insurance to meet the states requirements as well.
With basic preliminary information we can quote multiple auto dealer bond carriers. It’s as easy as 15 minutes on the phone. You will need to provide basic information for each businessowner or applicant and basic information on the business itself that includes the number of dealer plates, business address, years in business and number of years’ experience in the automotive field. Once the application process is completed and payment is made, the bond can be issued. If you accept the quote and the bond is issued, when the bond renewal date is approaching you will receive a payment link to accept the renewal offer. Any changes to the business can be addressed mid-term. Just like with garage liability insurance, it is important to notify your bond or insurance agent of changes to the business. The auto dealer surety bonds we offer are issued on 1-, 2- or 3-year terms. We do our best to make obtaining and renewing your Florida motor vehicle dealer bond as seamless as possible.
For a free motor vehicle dealer surety bond quote, give us a call at (386) 734 3970.
Also be sure to check out our Florida Garage Liability coverage options as well as Florida auto dealers insurance.