Maryland Payment Bond of Motor Vehicle Dealers

This surety bond is required by the Maryland Department of Transportation in the amount of $15,000 or $25,000. The bond states that the bond holder shall conduct business in full compliance of Section 15-114 (C) (1) of the Transportation Article of the Annotated Code of Maryland, as set forth in the Regulations of Administrator of Motor Vehicles for the State of Maryland. To determine the cost of this bond, complete our easy online application.

To Attain a Maryland Payment Bond of Motor Vehicle Dealers: 

  1. Complete an online application.
  2. One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
  3. 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.