America's Preferred Provider for All Types of Surety Bonds

Call Us: 888-278-7389

 
 
 
 
Request a Quote Email Us Viking Bond Service Video Page
 

Kentucky Auto Dealer Bond

If you're looking to sell motor vehicles or trailers in the state of Kentucky professionally, it's wise to familiarize yourself with some of the basics surrounding Kentucky Auto Dealer Bonds. Auto dealer bond requirements vary from state to state, so you'll want to make sure that the local requirements are met. The auto dealer surety bond experts at can assist you in determining your requirements and provide you with the right surety solutions.

All About Kentucky Auto Dealer Bonds

The Kentucky Motor Vehicle Dealer bond is a License Surety Bond that serves to protect Kentucky's citizens by providing a path for recourse in situations where an Auto Dealer does not adhere to the laws, rules, and regulations as set in Kentucky state legal statutes. A Kentucky Motor Vehicle Dealer bond may be required as part of the Motor Vehicle Dealer licensing and/or vehicle registration process.

In Kentucky, the required Motor Vehicle Dealer bond amount is as follows:

  • Kentucky, Auto Dealer bond requirement – minimum $15,000 Surety Bond, (Your specific amount will be set by the Kentucky Motor Vehicle Commission.)

You should always check with the Kentucky Motor Vehicle Commission, or requesting agency, for the specific required Kentucky Motor Vehicle Dealer bond amount as well as the required bond forms.

How to Get a Auto Dealer Bond in Kentucky

writes Kentucky Motor Vehicle Dealer bonds. We can assist both clients with good credit, and clients with bad credit. Bond premium prices are calculated as a percentage of the bond amount. Typically, the worse the credit, the higher the surety bond premium will be. In either case, we always work to get the best quote for you. Viking has partnered with markets that welcome Kentucky Motor Vehicle Dealer bond applications and provide competitive quotes for them.

Auto dealer bonds in Kentucky work the same way as other types of surety bonds. There are three parties involved in these bonds: the principal, the obligee, and the surety. First, the principal is the party that needs to be bonded, which in this case is a motor vehicle dealer in Kentucky. Next, the obligee is the entity that requires the bond — the state of Kentucky in this scenario. Last, the surety is the company that serves as the underwriter of the bond, and steps in when there is a valid bond dispute. These three parties work together to provide peace-of-mind to the obligee.

Your Preferred Surety Bond Provider

is committed to serving businesses throughout Kentucky with the surety bond solutions they need. With over three decades of experience, your surety bonds will have the backing of an industry leader. Whether you're an experienced auto dealer or you're setting up your first dealership, our Surety Bond Experts can help you meet the surety bond requirements needed to be licensed. When you're ready to get your Kentucky motor vehicle bonds taken care of, give us a call at 1-888-278-7389 or request a quote online.

Request a Motor Vehicle Dealer Bond Quote:

Free Quote
No Obligation

Name: First Name: Last Name: Phone: Email: Type of bond needed:
Amount: Bond State:
Are You (Choose): How did you find us?: Message Subject: Comments:

Viking Bond Service does not share or release email addresses, phone numbers or ANY other personal information to unauthorized third parties. Information is used for underwriting purposes only. View our Privacy Policy

Get Started:

Call Us: (888-278-7389)
More About Surety Bonds:
Need a Utility Deposit Bond?

Viking provides Utility Deposit Bonds nationwide. We provide fast quotes and knowledgeable friendly agents. Learn more here.

Get your FMCSA Freight Broker Bond here.

Viking can get your Freight Broker bond requirement satisfied quickly. Quotes and fast, FREE with no obligation.

Cyber Liability Insurance | Viking Bond Service, Inc.

Viking Bond Service, Inc. offers Cyber Security Insurance across the entire nation. Learn more about how to obtain a Cyber Liability Insurance coverage today.

FaceBook LinkedIn Twitter Manta FourSquare Yelp

Get Started:

Call Us: (888-278-7389)

Member:

Viking Bond Service BBB Business Review NASBP Servis Key Surety Association of Arizona

Get Started:

Call Us: (888-278-7389)