Not in Montana? Motor vehicle dealer bonds in other states

Montana motor vehicle dealer bonds.
$500 flat.

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

Montana requires a $50,000 bond from anyone licensed as a motor vehicle dealer, broker, wholesaler, or auto auction. Ours is $500 flat — the price you see is the checkout price, identical for every dealer. A quick soft credit check may apply — never a hard inquiry; the bond is issued when you pay.

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Required for a dealer, broker, wholesaler, or auto auction license under MCA 61-4-101
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Fixed amount, fixed price — $50,000 bond, $500, no quote theater
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A quick soft credit check may apply — never a hard inquiry, no impact on your score, and the price stays $500 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 is 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. Any credit check on this bond 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 Motor Vehicle Division

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

About this bond

What it is and who needs it.

What the bond actually guarantees

Montana licenses motor vehicle dealers through the Department of Justice Motor Vehicle Division, and conditions the license on a $50,000 surety bond under MCA 61-4-101. The bond is a consumer-and-public-protection guarantee: it stands behind your compliance with Montana motor vehicle sales law, including clear title and honest handling of customers’ money.

It is a three-party arrangement: you (the principal), the surety, and the State of Montana together with harmed buyers (the protected parties). If a dealer fails to deliver clear title, misapplies a buyer’s funds, or otherwise violates dealer law, the harmed party can recover against the bond.

The same statute sets reduced amounts for narrower license types — $15,000 for motorcycle/quadricycle dealers and $5,000 for motorboat, watercraft, snowmobile, and off-highway-vehicle dealers. The full $50,000 applies to general dealers, brokers, wholesalers, and auto auctions. If the surety pays a claim, you repay the surety.

MCA 61-4-101 (Motor Vehicle Division)MCA 61-4-101 requires an applicant for a dealer, broker, wholesaler, or auto auction license to file a $50,000 bond, renewed annually and approved by the department. Reduced amounts apply by license type: $15,000 for motorcycles/quadricycles and $5,000 for motorboats, personal watercraft, snowmobiles, and off-highway vehicles. Confirm which license type and amount apply on your application.

You need this bond if you are

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Applying for a Montana dealer license — new or used motor vehicles
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Licensed as a broker, wholesaler, or auto auction under MCA 61-4-101
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Renewing your dealer license and your current bond is expiring or non-renewing
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Moving to Montana 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 $50,000?No. You pay $500 — the flat price our carrier’s rate book sets for this bond. The $50,000 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 Montana Department of Justice Motor Vehicle Division, as a condition of a dealer, broker, wholesaler, or auto auction license under MCA 61-4-101. No active bond, no license.
I only sell motorcycles or boats — is my bond smaller?Yes. MCA 61-4-101 sets a $15,000 bond for motorcycle/quadricycle dealers and a $5,000 bond for motorboat, watercraft, snowmobile, and off-highway-vehicle dealers. We write those too — see the related bonds below.
Is there a credit check?A quick soft credit check may apply — never a hard inquiry, no impact on your score. It informs approval, not price. The price stays $500 either way: credit can affect whether we approve the bond, never what it costs.
When does it renew?The dealer bond renews annually with your license. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so your license never lapses over a missed email.
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 Montana 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 Montana. Each has its own statute and bond amount.

Related bonds

Other Montana bonds.

The Motor Vehicle Division is waiting on one document.

$500 flat, short application, bond issued when you pay. Free until issued.

Your price$500
Apply now →