This bond is required by the Idaho Transportation Department under Chapter 16, Title 49 of the Idaho Code. This law states that you must have a Vehicle Dealer Performance Bond if you solicit the sale of vehicles/vessels that are not titled in your name, display vehicles or vessels that are not titled in your name, or consign five or more vehicles in the year. The bond is required to be in the amount of $20,000 for all dealers except motorcycle, all-terrain vehicle, utility type vehicle, truck campers, and snow machine dealers, who need a $10,000 bond. To determine the cost of this bond, simply complete our easy online application.
To Secure an Idaho Vehicle or Vessel Dealer 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.