Free Tool
Surety Bond Premium Estimator
You do not pay the bond amount; you pay an annual premium that is a percentage of it. Here is the honest range for your situation.
Estimated annual premium
$750 to $1,250
3% to 5% of a $25,000 bond, per year.
It protects the public
The bond pays customers or the state if a dealer breaks licensing law. If the surety pays, you repay the surety.
Quotes are free
Sureties run a soft credit check and quote at no cost. Get at least two quotes; rates genuinely differ.
Rates can improve
After clean years in business, many dealers requalify at better tiers on renewal.
Estimate only. Actual premiums are set by surety underwriting and vary by carrier, state, and application details. Your state sets the required bond amount; find it in your agency's dealer packet. DealerLicensePath is an independent information publisher. We are not a law firm, licensing consultant, or government agency, and nothing here is legal advice. Dealer licensing requirements change and vary by state and locality; always confirm current requirements with your state's licensing agency before acting. We make no promises about license approval, timelines, income, or business results.
The bond is one document of about ten
The State Dealer License Kit walks the full packet in order, names your state's agency, and tells you exactly what to confirm where. $199 once, 30-day money-back guarantee.
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