Not in Alaska? Motor vehicle dealer bonds in other states

Alaska motor vehicle dealer bonds.
$1,000 flat.

Also known as the Alaska auto dealer bond or car dealer bond.

Alaska requires every licensed motor vehicle dealer to file a $100,000 bond with the Division of Motor Vehicles. Ours is $1,000 flat — set by our carrier's rate book, identical for every dealer, and the price you see is the checkout price. One soft credit pull; the bond is issued when you pay.

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Required for your Alaska dealer license — new applicants and renewals through the DMV
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Fixed amount, fixed price — $100,000 bond, $1,000, no quote theater
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Soft credit pull only — never affects your score, and the price stays $1,000 either way
A-ratedA.M. Best carriersInstantissued the moment you pay1–3 yrterms available
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
How it works

Three steps to licensed.

Your dealer license is waiting on this bond. Here's the entire process — no broker phone tag:

TODAY · ONLINE

Apply once, online

Business details, owner information, effective date. That is the application — the only extra step is a one-time consent to a soft credit pull.

RIGHT AWAY

Approved

Most are approved as soon as you apply. The credit check is a soft pull that never affects your score. If it needs a second look, one to two business days at most.

WHEN YOU PAY

E-sign & file with the DMV

Pay online and receive the executed bond ready to file with your dealer license application. Alaska DMV wants the original, physical bond, which we mail to you for filing.

About this bond

What it is and who needs it.

What the bond actually guarantees

Alaska licenses motor vehicle dealers through the Division of Motor Vehicles, and conditions the license on a $100,000 surety bond under AS 08.66.060. The bond is a consumer-protection guarantee: it stands behind clear title on the vehicles you sell and your compliance with Alaska's dealer laws.

It's a three-party arrangement: you (the principal), the surety carrier standing behind you, and the State of Alaska together with harmed buyers (the protected parties). If a dealer fails to deliver clear title, misapplies a customer's money, or otherwise violates dealer law, the harmed party can recover against the bond.

It is not insurance for you — if the surety pays a claim, you repay the surety. The $100,000 amount took effect September 1, 2021 (House Bill 36 raised it from $50,000); dealers who sell only motorcycles carry a reduced $25,000 bond. Dealers who deliver clean title and keep good records treat the bond as a license formality, not a risk.

AS 08.66.060 (Division of Motor Vehicles)Alaska motor vehicle dealers are licensed by the Division of Motor Vehicles under AS 08.66, which conditions the license on a surety bond. The amount is $100,000, except that a dealer who sells only motorcycles files a $25,000 bond. The $100,000 figure took effect September 1, 2021. Confirm the amount that applies on your application, and send it to us and we'll issue it.

You need this bond if you're

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Applying for an Alaska dealer license — new, used, wholesale, or a buyer’s agent
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Renewing your dealer license and your current bond is expiring or non-renewing
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A motorcycle-only dealer filing the reduced $25,000 bond instead of $100,000
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Moving to Alaska from another state and getting licensed here

One application, issued instantly.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is issued when you pay.

Start the application →
FAQ

Common questions.

Do I pay the $100,000?No. You pay $1,000 flat. The $100,000 is the surety's maximum liability to the state and harmed buyers; it's not a deposit, and nobody holds your money.
Who requires this bond?The Alaska Division of Motor Vehicles requires it as a condition of a motor vehicle dealer license, under AS 08.66.060. No active bond, no license.
Why is the amount $100,000?Alaska raised the dealer bond from $50,000 to $100,000 effective September 1, 2021 (House Bill 36). Dealers who sell only motorcycles carry a reduced $25,000 bond — tell us which applies and we issue the right amount.
Is there a credit check?Yes — one soft credit pull, which never affects your score. It's the only extra step beyond the application, and it informs approval, not price. The price is $1,000 either way: credit can affect whether we approve the bond, never what it costs.
When does it renew?Terms run 1, 2, or 3 years — your choice at purchase. You'll get renewal notices 60 and 30 days before expiration, with autopay available, and the bond must stay active for your dealer license to stay valid.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
Same family

Other Alaska motor vehicle dealer bonds.

Not sure this is the one your license calls for? These are the other motor vehicle dealer bonds we write in Alaska. Each has its own statute and bond amount.

Related bonds

Other Alaska bonds.

The DMV is waiting on one document.

$1,000 flat, short application, bond issued when you pay. Free until issued.

Your price$1,000
Apply now →