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Indiana Auto Dealer Bond

Also known as a Car Dealer Bond, Used Car Dealer Bond, Indiana Used Car Dealer Bond, Indiana Car Dealer Bond
 
The Surety Group has a new surety bond program designed exclusively for Indiana auto dealers selling new and used cars in Indiana. There are four custom rate programs to choose from below. The required amount for the Indiana Auto Dealer Bond is $25,000. This bond should be in effect unitl the expiration date of the Motor Vehicle Dealer license.
 
 
PROGRAMS RATES REQUIREMENTS
Preferred





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$188.00 / $25,000
  • Minimum Equifax score 725
  • Excellent net worth
  • In business over 5 years
  • Own a home
  • No bankruptcies, pending lawsuits, open tax liens, surety losses or foreclosures
Standard





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$250.00 / $25,000
  • Minimum Equifax score 675
  • Excellent net worth
  • In business over 3 years
  • Own a home
  • No bankruptcies within last 10 years and never caused a surety loss
Traditional





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$1250.00 / $25,000
  • Minimum Equifax score 625
  • Good net worth
Non-Traditional





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Custom rates
  • New in business or less-than-perfect credit
  • Our answer is always YES!
If you do not see a program/plan that fits your needs, we have others available. Call to learn more.

The Indiana Auto Dealer Bond provides surety to the following types of new and used car dealers in Indiana.

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Independent Insurance Agents
Contractors National Council
National Guardianship Association
 

 

 


 

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