Under Alaska Statute 08.66.060, the Alaska Commissioner of Administration requires this surety bond in $50,000 for most dealers, but $25,000 for a dealer who sells exclusively motorcycles. The bond ensures that the dealer conducts business in compliance with AS chapter 08.66 and other applicable state laws. Surety1 can typically write this bond for as low as 1% with a completed application.
To Secure an Alaska Motor Vehicle Dealer Buyer’s Agent Surety Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.