Alabama Department of Revenue requires each licensed motor vehicle dealer to post a $50,000 surety bond to receive and maintain their license. These bonds renew or expire on an annual basis on September 30th.
Alabama Motor Vehicle Dealer surety bonds are underwritten and approved based upon the owner of the company’s personal credit score. Most of our surety companies/carriers utilize a “soft pull” therefore it typically will not affect your personal credit score.
We have the lowest rates on the Alabama Dealer Bond. If your personal credit score is low, we can still get you bonded at a great price. We are licensed with over 60 surety companies allowing us to offer the most competitive premiums!
We are Alabama MVD Bonding experts and we can make sure you are in compliance with your state required bonding, in most cases, the same day.
Apply below, call our Commercial Department at 407-786-7770 or email us at CommercialBonding@FSBAmerica.com