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:
For an auto dealer to do business and operate within the state of Texas, the Texas MVD requires all dealers to carry a $50,000 surety bond. This bond assures the state and the public that the licensed dealer will operate according to the state of Texas Transportation Code. This includes properly transferring title and payment of all checks and bank drafts for the purchase of a vehicle.
Texas Motor Vehicle Dealer Bonds vary in cost based on the applicant’s qualifications including experience and personal credit. Expect to pay 0.5% – 3% of the bond amount. Bonding Solutions has developed programs that offer our clients industry-low rates, regardless of credit. Purchase your Texas dealer bond today by contacting us or calling one of our agents.
Simple. This bond guarantees the state and the public that licensed dealers will operate according to state licensing codes and statutes.
A Texas Motor Vehicle Dealer bond renews every two years. It remains effective unless cancellation is requested by the surety company or if the dealer violates the terms of the bond or Texas Transportation Code.
First, you will need to contact the Texas DMV to begin your application. State Application here
Third, accept the quote terms and pay for your bond.
Lastly, sign your bond and deliver it to the Texas DMV.Get Started