New Jersey Motor Vehicle Dealer Surety Bond

This surety bond is required by the State of New Jersey, Division of Motor Vehicles, under 56:8-1 et. seq. of the State of New Jersey Statutes Amended. The bond is to protect clients from any harm or wrongdoing by your company. If there is a claim placed on your bond and you are found at fault, the surety company will pay out. However, unlike insurance, the bond requires that you pay the surety company back. The required bond amount is $10,000, in your business name, with the expiration date coinciding with the licensing year. In order to determine the cost of this bond, simply complete our easy online application.

To Attain a New Jersey Motor Vehicle Dealer Surety Bond: 

  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.