This surety bond is required by the North Carolina Division of Motor Vehicles. The bond amount is $50,000 for the first location and $25,000 for each additional location. The bond states that the bondholder will follow the provisions of Articles 12 and 15 of Chapter 20 of the North Carolina General Statutes. Typically, Surety1 can write this bond for as little as $300.
To Get a North Carolina Motor Vehicle 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.