Alabama Motor Vehicle Dealer Bond
Get your Alabama Motor Vehicle Dealer Bond Today!
Please note that anything marked *required must be completed before you can submit the form.What is an Alabama Motor Vehicle Dealer bond?
The Alabama Motor Vehicle Dealer bond is required by Alabama Department of Revenue. The bond protects the party requesting the surety bond, the Obligee, against any financial losses as a result of poor financial choices, damages, unethical decisions, or failure to adhere to state and local laws on the part of you, the principal. By obtaining your auto dealer bond, you are telling the Obligee that you can be trusted and that you stand by your business decisions. Applications for an Alabama dealer regulatory license must be submitted to the department electronically. To apply: Visit the Motor Vehicle License Portal.Who needs an Alabama Motor Vehicle Dealer bond?
The State of Alabama requires all new and used motor vehicle dealers, including motorcycle and trailer dealers (excluding trailers not subject to titling), wholesale dealers and rebuilders to obtain a bond in the amount of $50,000.Find additional licensing information at Alabama Motor Vehicle Dealer Licensing Requirements.
How much does the State of Alabama Department of Revenue Motor Vehicle Dealer bond cost?
State of Alabama Department of Revenue Motor Vehicle Dealer (Used) bonds typically cost between $250 - $2,500.What Insurance Coverage is required?
IIn addition to the bond, the State of Alabama Department of Revenue requires each dealer must maintain blanket liability insurance coverage for all vehicles owned or associated with the business. Minimum insurance limits are::- $25,000 bodily injury/person/accident
- $50,000 combined bodily injury/accident
- $25,000 property damage/accident or a combined single limit of $75,000/accident
Why Ashton Agency?
We understand there are many companies offering dealer bonds, but by contacting the Ashton Agency, you can be sure you'll be getting the best price available, not to mention our stellar customer service and insider knowledge of the auto industry. We've been helping auto dealers get bonded for more than 50 years and represent over a dozen A+ rated surety companies. Let us put our experience and resources to work for you today!Call us now at (800) 451-4854 for a free quote and we will contact you within 24 hours. We can assist you over the phone to ensure you receive your bond and insurance quickly and easily!
Don't have time to speak on the phone? Please fill out our easy bond application and garage questionnaire and fax to (407) 678-2468; or apply online at www.ashtonagency.com.
Get Help Now
East Coast:
(800) 451-4854
West Coast:
(800) 452-2663
Email Us!
Use this form to let us know the basics about your Bond or Insurance Needs. We will contact you within one business day. Please note that anything marked *required must be completed before you can submit the form.
East Coast:
(800) 451-4854
West Coast:
(800) 452-2663
Email Us!
Use this form to let us know the basics about your Bond or Insurance Needs. We will contact you within one business day. Please note that anything marked *required must be completed before you can submit the form.