Mississippi Used Auto Dealer Bond: A Comprehensive Guide This guide provides information for insurance agents to help pre-owned car dealership owners on Mississippi Auto Dealer bonds At a Glance: Lowest Cost: $150 per year or $15 per month Bond Amount: $15,000 Who Needs It: All individuals or business entities who sell or deal in used motor …
Michigan Auto Dealer Bond: A Comprehensive Guide Effective January 23, 2023, the limit on the Michigan Auto Dealer Bond has been increased to $25,000 (the limit was previously $10,000). The Michigan legislature authored the bond increase in Michigan Senate Bill 1064 to grant consumers additional protection from financial harm. This page has been updated to …
Maryland Auto Dealer Bond: A Comprehensive Guide This guide provides information for insurance agents to help new and pre-owned car dealership owners on Maryland Auto Dealer bonds At a Glance: Lowest Cost: $100 per year or $10 per month Bond Amount: Determined by the license type and annual vehicles sold as follows: Trailer Only Dealers: …
Massachusetts Used Auto Dealer Bond: A Comprehensive Guide This guide provides information for insurance agents to help pre-owned car dealership owners on Massachusetts Auto Dealer bonds At a Glance: Average Cost: $150 per year or $15 per month, based on the business owner’s credit Bond Amount: $25,000 Who Needs It: All individuals and businesses that sell …
Louisiana Used Auto Dealer Bond: A Comprehensive Guide This guide provides information for insurance agents to help pre-owned car dealership owners on Louisiana Auto Dealer bonds At a Glance: Average Cost: $450 for a two-year term or $45 per month, based on the business owner’s credit Bond Amount: $50,000 Who Needs It: All individuals and businesses …
Indiana Auto Dealer Bond: A Comprehensive Guide This guide provides information for insurance agents to help new and pre-owned car dealership owners on Indiana Auto Dealer bonds At a Glance: Average Cost: $100 per year or $10 per month, based on the business owner’s credit Bond Amount: $25,000 Who Needs It: All individuals and businesses that …
Illinois Auto Dealer Bond: A Comprehensive Guide This guide provides information for insurance agents to help new and pre-owned car dealers on Illinois Auto Dealer bonds At a Glance: Lowest Cost: $500 per year or $50 per month, based on the business owner’s credit Bond Amount: $50,000 Who Needs It: All individuals and businesses that sell …
Idaho Auto Dealer Bond: A Comprehensive Guide This guide provides information for insurance agents to help new and pre-owned car dealers on Idaho Auto Dealer bonds At a Glance: Lowest Cost: $100 per year or $10 per month, based on the business owner’s credit Bond Amount: $40,000 for wholesale-only dealers $20,000 for retail dealers $10,000 …
Georgia Auto Dealer Bond: A Comprehensive Guide This guide provides information for insurance agents to help pre-owned car dealership owners on Georgia Auto Dealer bonds At a Glance: Average Cost: $306 for a two-year term or $16 per month, based on the business owner’s credit Bond Amount: $35,000 Who Needs It: All individuals and businesses that …
Arkansas Auto Dealer Bond: A Comprehensive Guide This guide provides information for insurance agents to help pre-owned car dealership owners on Arkansas Auto Dealer bonds At a Glance: Average Cost: $100 per year or $10 per month, based on the business owner’s credit Bond Amount: $25,000 Who Needs It: All individuals and businesses that sell or deal …
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