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Mississippi designated agent bonds.
$175 flat.

A Mississippi motor vehicle dealer acting as a designated agent of the Department of Revenue — handling titling and registration — must post a bond payable to the State of Mississippi for the faithful performance of those duties. The minimum is $15,000; the price is a flat $175, with a quick soft credit check that never affects your score.

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Required of a designated agent for motor vehicle dealers under Miss. Code § 63-21-13
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Backs the faithful performance of titling and registration duties and the taxes and fees you collect
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Soft credit pull only — never affects your score, and the price stays $175 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 designated.

Your designated-agent appointment 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 Department of Revenue

Pay online and receive the executed bond ready to file with your designated-agent application. Wet-ink originals mailed whenever the state insists.

About this bond

What it is and who needs it.

What the bond actually guarantees

Mississippi lets motor vehicle dealers act as designated agents of the Department of Revenue under Miss. Code § 63-21-13 — collecting title and registration paperwork, taxes, and fees and transmitting them to the state. Because a designated agent handles the public's money and the state's titling process, the law requires a bond.

The bond is payable to the State of Mississippi, in a sum the Department sets but not less than $15,000, conditioned for the faithful performance of the designated agent’s duties. If an agent mishandles funds, fails to deliver clear title, or otherwise breaches those duties, the state and harmed parties can recover against the bond.

It is not insurance for you — if the surety pays a claim, you repay the surety. This is separate from any used-motor-vehicle-dealer license requirement; some dealers file both. We issue the $15,000 minimum at $175 flat; if the Department set a higher figure, send it and we will confirm the price.

Miss. Code § 63-21-13Mississippi Code § 63-21-13 authorizes motor vehicle dealers to serve as designated agents of the Department of Revenue and requires each to enter into a bond with a surety company authorized to do business in Mississippi, payable to the State of Mississippi in a sum set by the Department but in no case less than $15,000, conditioned for the faithful performance of the agent's duties. Confirm your required amount with the Department.

You need this bond if you're

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A motor vehicle dealer applying to be a designated agent of the Department of Revenue
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Renewing a designated-agent appointment whose current bond is expiring or non-renewing
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Handling title and registration in-house rather than routing it through a county tax office
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A dealership adding the designated-agent function to speed up titling for customers

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 $15,000?No. You pay $175 — the price set by our carrier's rate book for this bond. The $15,000 is the surety's maximum liability to the state and harmed parties; it's not a deposit, and nobody holds your money.
Who requires this bond?The Mississippi Department of Revenue requires it of motor vehicle dealers who act as designated agents, under Miss. Code § 63-21-13. The minimum is $15,000; the Department can set a higher amount.
Is this the same as the used-car-dealer bond?No. This is the designated-agent bond for handling titling and registration as an agent of the Department of Revenue. A used-motor-vehicle-dealer license can carry its own separate bond requirement; some dealers file both.
Is there a credit check?A quick soft credit check may apply — it's the only extra step beyond the application, it's never a hard inquiry, and it never affects your score. It informs approval, not price: the price is a flat $175 either way.
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 designated-agent appointment 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.
Related bonds

Other Mississippi bonds.

The Department of Revenue is waiting on one document.

$175 flat, short application, bond issued when you pay. Free until issued.

Your price$175
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