Motor Vehicle Dealer Bond (MVD)

The surety bond industry as a whole has become much more conservative in recent years when reviewing motor vehicle dealer bonds; lower rates are still available for those who qualify, but those with lower credit scores, or no credit, will be placed in a high-risk market.

We are able to place high-risk MVD bonds through our bad credit surety bond program. This program applies to both those with poor credit, and to those who have no credit history. Surety companies are risk adverse, assuming zero loss in the bonds they write, it is for this reason that those with no credit cannot be placed in the standard market.