How do I get a Motor Vehicle Dealer Surety Bond?
Valuesure has on online application that will allow you to not only get a quote but complete the process and print your Motor Vehicle Surety Bond! Since you are already on our website you are already a third of the way finished!
If you choose the “Purchase your Bond” option on our home page, you will be taken to a map where you will select the “State of Texas” then “Motor Vehicle Dealer Bond”. After selecting those options, you will be able to go through the bond application and if approved, you will be able to purchase and print your Motor Vehicle Dealer Bond in minutes!
You can also head over to the bond application by clicking here: Online Surety Bond Application
We would like for you to be aware of a few things to lower the chance of the Department of Motor Vehicles rejecting your bond.
- The Business Name must match exactly as your Licensing Application, meaning all DBA Names must be included. For example an Individual Owner will look like ‘Johnny Test dba Test Motors’ a partnership might look like ‘Johnny Test and Janice Test dba Test Motors’ and a corporation might be listed as ‘Johnny Test Inc dba Test Motors’.
2. If your bond will be used for more than one location, all locations must be reflected on the bond.
3. The effective dates must be equal to the license term. The bond will always be on the first day of the month, and will expire on the last day of the moth prior, two years later. For Example: The effective date will be 7/1/2018 and the expiration date will be 6/30/2020.
4. When entering your Dealership information on our web application, you will need to make sure to “Edit” the owner information and provide all required information so we may accurately quote your bond. (Once all information is entered, please make sure both boxes show as “Selected” before proceeding)
If you would like to take a look at the Department of Motor Vehicles bond requirements, you can take a look here: eLicensing User Guide
Once your bond is purchased and printed, you will be able to submit it to the Department of Motor Vehicles. If any errors are found, please contact us at 1-855-252-9660 or firstname.lastname@example.org