Michigan Motor Vehicle Dealer Bond - #1 Surety Agency for MVD Bonds

Michigan Motor Vehicle Dealer Bond

The state of Michigan requires auto dealers to obtian a motor vehicle dealer bond to operate legally.

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Why work with Bonding Solutions? Simple! We are different!

We are a surety only agency that thrives on creating an unbeatable client experience! Our industry leading bond volume allows us to create programs that can be tailored to each individual client, getting them their bond faster at the cheapest cost! Below are a few reasons our clients love to work with us:

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What is a Michigan Motor Vehicle Dealer Bond?

Most states require licensed dealers to obtain a surety bond as a part of licensing requirements. Such is the case in Michigan.  The state requires all auto dealers renewing or applying for a dealer license to post a $10,000 motor vehicle dealer bond. This bond protects the state, consumers, and others from unethical actions committed by licensed dealers.

Get started by reaching out to one of our knowledgable agents or by filling out our online application.



How much will my Michigan Motor Vehicle Dealer Bond cost?

Generally, we can issue these bonds at $100 (1% rate) annually. However, an underwriter will need to review your application before offering terms.

Why is a Michigan Motor Vehicle Dealer Bond required?

Motor vehicle bonds assure the public, state, and other parties that a licensed dealer will adhere to state laws and licensing regulations. If someone is impacted by a bonded dealer’s unethical behavior, they can make a claim against their surety bond.

How do I get started?

Getting started is easy. begin by filling out our application. Accecpt quoted terms and priceing. Lastly, pay for your bond and we ship the bond same day.

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Additional Resources

Michigan State Bond Form

Michigan State Vehicle Code – Act of 1949

Michigan State License Application

Surety Bond List

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Call us today to speak to a Surety Bond Specialist

(877) 841-6745