Dealer bonds for used car dealers, from one agency
A dealer bond is the surety bond your state requires for your dealer license. We write it alongside your garage coverage, so you work with one independent agency in Kansas City.
- Required by state law for dealers
- Bond and garage coverage from one agency
- Online access for bonds that issue instantly
Dealer bonds in plain words
A few things dealers ask us first.
What it is
A surety bond is a promise, backed by a surety company, that you will follow the rules of your dealer license. Your state requires it for the license.
What it is not
It is not insurance for your lot or your cars. Garage coverage does that. A bond protects your customers and the state.
If there is a claim
The surety reviews it. If the claim is valid, the surety pays it and you repay the surety.
What sets the price
Your credit and the bond amount. The price depends on both, so we do not post fixed prices here.
Your bond and garage coverage, in one place
Dealers get their license bond and their garage coverage from the same agency, which is us. You call one number, and you know who is handling your account.
- One agency for the bond and the coverage
- Rajan and Lacey handle your account directly
- New and established dealers welcome
What our clients say
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Request a dealer bond
Tell us about your dealership and your state, and we will take it from there. Prefer to talk? Call or text us.
Call or text (816) 569-6611Quotes are subject to underwriting. Submitting a form or message does not bind coverage.
Dealer bond questions
Straight answers in plain words.
What is a dealer bond?
A dealer bond is a surety bond your state requires before it issues a dealer license. It is a promise, backed by a surety company, that you will follow the rules of the license.
Is a dealer bond the same as insurance?
No. Insurance covers your own losses, like damage to your lot or your cars. A bond protects the people you do business with and the state, and you repay the surety if it pays a valid claim.
Who needs a dealer bond?
Dealers in states that require a bond for a dealer license. Your state sets the rules, so call or text us with your state and what you plan to sell, and we will tell you what applies.
How much does the bond need to be?
Your state sets the bond amount. Ask us what applies where you are licensed.
What decides what I pay for the bond?
The price depends on your credit and the bond amount. We do not post fixed prices, because they change from dealer to dealer.
How fast can I get my bond?
Some bonds can be issued online in minutes. Whether yours can depends on the bond and the surety, so ask us before you plan around a date.
What happens if someone makes a claim on my bond?
The surety reviews the claim. If it is valid, the surety pays it and you repay the surety. If you get a claim, call or text us so we can help you with the next step.
Can I get my bond and my garage coverage from you?
Yes. Dealers can get their license bond and their garage coverage from the same agency, which is us.
What is a surety company?
The surety is the company that backs your bond. It guarantees your promise to the state and your customers, and it is the company you repay if it pays a valid claim.
Do I have to renew my dealer bond?
Dealer bonds are usually issued for a set term and renewed when it ends. The term depends on your state and the bond, so ask us when yours is up.