877-654-2327 All New Surety Bonds

877-930-8127 - Renewals Department
Surety1 was Founded in 2003.  Low-Cost Bond Provider.  Over 150,000 Happy Customers and Counting!   Apply For Your Bond >

Indiana Motor Vehicle Dealer Bond

Bond Requirements and Online Application

Motor vehicle dealers are required to post a Motor Vehicle Dealer Bond as part of the process to license the dealership. The amount of the bond depends on what type of vehicles are to be sold, the amount of vehicles you plan to sell, and other factors. Read our Car Dealer License Guide to learn more about how to get your dealership licensed and bonded.

motor vehicle dealer bond

Surety Bond

  • Required by: Indiana Secretary of State
  • Minimum Bond Amount: $25,000
  • Maximum Bond Amount: Varies
  • Valid: 1 year – Renewable

The price for the bond, also known as the bond premium, is only a small fraction of the bond amount.

This bond guarantees the principal will abide by all Indiana state rules and regulations along with the laws outlined in Indiana Code 9-32.

If the bond is cancelled, the Secretary of State must be notified of the cancellation at least 30 days before the cancellation date.

The applicant should verify the bond amount with the obligee before applying for the bond to ensure the bond amount is correct.

Licensing

Surety1 is not directly involved with the licensing process, but we’ve compiled this information which may helpful for you.

State licensing fees and requirements:

  • Surety bond
  • License application
  • Supporting documents for application
  • Zoning approval
  • Registered retail merchant certificate
  • Business address and hours of operation
  • Licensing fees Fees

All licensing fees are required by the obligee, not the surety company.

For more licensing information, visit Indiana’s official page.

 

How to Get Your Indiana Motor Vehicle Dealer Bond

1. Complete an online application. It's free and no-obligation. 2. One of our surety experts will contact you with a firm quote and an agreement to sign. 3. Provide payment and your signed agreement, and then you will receive your Indiana Motor Vehicle Dealer Bond!   If you have any questions, please call us at 877-654-2327.
HOW TO GET BONDED
1. Apply Online Using our Free & Secure Application 2. Get Your Free Quote Applications are No-Obligation 3. Get Your Bond Most Bonds are Approved in 1-2 Business Days

Surety

Secure

Online