Surety Bond Amounts

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A common question asked is what is the surety bond amount I need ? Each State has a different amount set for each bond required.

A Surety bond for a Car Dealer (MVD Bond) for the State of California is set a $50,000 but in Florida the MVD Bond amount is set at $25,000. Always check with the state for the correct bond amount required.

If you Know your bond amount please feel free to post the amount for education perposes. Please list the State and the type of Surety Bond when posting.

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Here is a Common bond it's a California contractor License Bond the surety bond amount is set at $12,500 does any one know when they increased the bond amount?

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Arizona MVD Bonds are a $100,000 surety bond for Used Car Dealers.

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The surety bond amount for the California Finance Lender License is $25,000. This Mortgage Broker bond still can be written with preferred rates for good credit and also can be written with less than perfect credit.

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New York MVd Bond varies from $10,000 to $50,000 you can learn more about it here
New York MVD Bond