The Alabama Motor Vehicle Dealer bond is required by the Department of Revenue’s Motor Vehicle Division. The bond guarantees the principal will abide by all state laws and regulations pertaining to the Code of Alabama 19.7.5.
New and used Motor Vehicle Dealers must be licensed with the State of Alabama. As well as, motorcycle & trailer dealers and wholesale dealers & rebuilders. The Motor Vehicle Dealer bond is one of the licensing requirements. In addition, new and used dealers are required to become designated agents with the Motor Vehicle Department. The motor vehicle dealer bond also satisfies this bonding requirement.
Read our Car Dealer License Guide to learn more about how to get your dealership licensed and bonded.
Surety1 can easily get you the bond you need. You can be assured of the lowest rates as we have partnered with over a dozen A-rated surety markets.
To start the process, first, complete our easy to navigate, free online application form. Next, one of our agents will contact you with a no-obligation quote on the bond premium. Then, when you’re ready to move forwar, pay the premium and sign the agreement. Lastly, your Alabama Motor Vehicle Dealer bond will be mailed to you by USPS Priority Mail. Overnight delivery is available for an additional fee.
Surety1, an AssuredPartners agency, is located in Rancho Cordova, California. Since 2003, Surety1 has been the premier online provider of surety bonds nationwide. Surety1 is licensed in all 50 states and maintains an A+ rating by the Better Business Bureau .
We have live surety bond agents available Monday – Friday, 8:00 – 4:30 PST. Give us a call. We’re glad to help.