{"id":6181,"date":"2026-02-19T09:25:51","date_gmt":"2026-02-19T15:25:51","guid":{"rendered":"https:\/\/www.dorsalinsurance.com\/?p=6181"},"modified":"2026-02-19T09:25:51","modified_gmt":"2026-02-19T15:25:51","slug":"motor-vehicle-dealer-bond-in-florida","status":"publish","type":"post","link":"https:\/\/www.dorsalinsurance.com\/es\/blog\/motor-vehicle-dealer-bond-in-florida\/","title":{"rendered":"Motor Vehicle Dealer Bond in Florida"},"content":{"rendered":"<p id=\"p-rc_eafcd7e80ed5dda6-19\" data-path-to-node=\"0\"><span class=\"citation-23 citation-end-23\">In Florida, obtaining a motor vehicle dealer bond is a mandatory step for licensing through the Florida Department of Highway Safety and Motor Vehicles (FLHSMV).<\/span> <span class=\"citation-22 citation-end-22\">This bond acts as a financial guarantee that your dealership will comply with state laws and fulfill contractual obligations to customers.<\/span><\/p>\n<hr data-path-to-node=\"1\" \/>\n<h2 data-path-to-node=\"2\">Florida Auto Dealer Bonds &#8211; Same Day Online Bonding <a href=\"https:\/\/dorsalinsurance.propeller.insure\/axelerator-public\">Apply Now<\/a>!!<\/h2>\n<h2 data-path-to-node=\"2\">Core Requirements<\/h2>\n<p id=\"p-rc_eafcd7e80ed5dda6-20\" data-path-to-node=\"3\"><span class=\"citation-21\">Most auto dealers in Florida are required to carry a <\/span><b data-path-to-node=\"3\" data-index-in-node=\"53\"><span class=\"citation-21\">$25,000 surety bond<\/span><\/b><span class=\"citation-21 citation-end-21\">.<\/span> <span class=\"citation-20 citation-end-20\">The specific amount and form vary slightly by license type:<\/span><\/p>\n<table data-path-to-node=\"4\">\n<thead>\n<tr>\n<td><strong>License Type<\/strong><\/td>\n<td><strong>Bond Amount<\/strong><\/td>\n<td><strong>Required Form<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><span data-path-to-node=\"4,1,0,0\"><b data-path-to-node=\"4,1,0,0\" data-index-in-node=\"0\">Independent (Used), Wholesale, Auction, Salvage, Franchise<\/b><\/span><\/td>\n<td><span data-path-to-node=\"4,1,1,0\"><b data-path-to-node=\"4,1,1,0\" data-index-in-node=\"0\">$25,000<\/b><\/span><\/td>\n<td><span data-path-to-node=\"4,1,2,0\">HSMV 86020<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"4,2,0,0\"><b data-path-to-node=\"4,2,0,0\" data-index-in-node=\"0\">Recreational Vehicle (RV) Dealer<\/b><\/span><\/td>\n<td><span data-path-to-node=\"4,2,1,0\"><b data-path-to-node=\"4,2,1,0\" data-index-in-node=\"0\">$10,000<\/b><\/span><\/td>\n<td><span data-path-to-node=\"4,2,2,0\">HSMV 86019<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"4,3,0,0\"><b data-path-to-node=\"4,3,0,0\" data-index-in-node=\"0\">Mobile Home Dealer<\/b><\/span><\/td>\n<td><span data-path-to-node=\"4,3,1,0\"><b data-path-to-node=\"4,3,1,0\" data-index-in-node=\"0\">$25,000<\/b>*<\/span><\/td>\n<td><span data-path-to-node=\"4,3,2,0\">HSMV 86018<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<blockquote data-path-to-node=\"5\">\n<p id=\"p-rc_eafcd7e80ed5dda6-21\" data-path-to-node=\"5,0\"><b data-path-to-node=\"5,0\" data-index-in-node=\"0\">Note:<\/b><span class=\"citation-19 citation-end-19\"> For Mobile Home and RV dealers, the bond requirement increases if you have more than four supplemental locations (e.g., the Mobile Home bond jumps to $50,000).<\/span><\/p>\n<\/blockquote>\n<hr data-path-to-node=\"6\" \/>\n<h2 data-path-to-node=\"7\">Estimated Costs<\/h2>\n<p id=\"p-rc_eafcd7e80ed5dda6-22\" data-path-to-node=\"8\"><span class=\"citation-18 citation-end-18\">You do not pay the full $25,000.<\/span> Instead, you pay an annual <b data-path-to-node=\"8\" data-index-in-node=\"60\">premium<\/b>, which is a small percentage of the total bond amount. <span class=\"citation-17 citation-end-17\">This rate is primarily determined by your personal credit score:<\/span><\/p>\n<ul data-path-to-node=\"9\">\n<li>\n<p data-path-to-node=\"9,0,0\"><b data-path-to-node=\"9,0,0\" data-index-in-node=\"0\">Excellent Credit (700+):<\/b> Generally 1% or less (<b data-path-to-node=\"9,0,0\" data-index-in-node=\"47\">$188 \u2013 $250<\/b> per year).<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"9,1,0\"><b data-path-to-node=\"9,1,0\" data-index-in-node=\"0\">Average Credit (600\u2013699):<\/b> Roughly 2% to 5% (<b data-path-to-node=\"9,1,0\" data-index-in-node=\"44\">$500 \u2013 $1,250<\/b> per year).<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"9,2,0\"><b data-path-to-node=\"9,2,0\" data-index-in-node=\"0\">Poor Credit (Below 600):<\/b> Rates can exceed 5% (<b data-path-to-node=\"9,2,0\" data-index-in-node=\"46\">$1,250+<\/b>), and some providers may require additional financial documentation.<\/p>\n<\/li>\n<\/ul>\n<hr data-path-to-node=\"10\" \/>\n<h2 data-path-to-node=\"11\">Key Deadlines &amp; Renewals<\/h2>\n<p id=\"p-rc_eafcd7e80ed5dda6-23\" data-path-to-node=\"12\"><span class=\"citation-16 citation-end-16\">Florida bonds are not \u00abone and done\u00bb; they must be renewed to keep your dealer license active.<\/span><\/p>\n<ul data-path-to-node=\"13\">\n<li>\n<p id=\"p-rc_eafcd7e80ed5dda6-24\" data-path-to-node=\"13,0,0\"><b data-path-to-node=\"13,0,0\" data-index-in-node=\"0\"><span class=\"citation-15\">Used, Wholesale, and Auction Dealers:<\/span><\/b><span class=\"citation-15\"> Bonds typically expire on <\/span><b data-path-to-node=\"13,0,0\" data-index-in-node=\"64\"><span class=\"citation-15\">April 30th<\/span><\/b><span class=\"citation-15 citation-end-15\"> each year.<\/span><\/p>\n<\/li>\n<li>\n<p id=\"p-rc_eafcd7e80ed5dda6-25\" data-path-to-node=\"13,1,0\"><b data-path-to-node=\"13,1,0\" data-index-in-node=\"0\"><span class=\"citation-14\">Franchise (New) Dealers:<\/span><\/b><span class=\"citation-14\"> Bonds typically expire on <\/span><b data-path-to-node=\"13,1,0\" data-index-in-node=\"51\"><span class=\"citation-14\">December 31st<\/span><\/b><span class=\"citation-14 citation-end-14\"> each year.<\/span><\/p>\n<\/li>\n<li>\n<p id=\"p-rc_eafcd7e80ed5dda6-26\" data-path-to-node=\"13,2,0\"><b data-path-to-node=\"13,2,0\" data-index-in-node=\"0\"><span class=\"citation-13\">Cancellation:<\/span><\/b><span class=\"citation-13\"> If you or the surety company cancels the bond, you must provide the FLHSMV with <\/span><b data-path-to-node=\"13,2,0\" data-index-in-node=\"94\"><span class=\"citation-13\">30 days&#8217; written notice<\/span><\/b><span class=\"citation-13 citation-end-13\">.<\/span> Failure to replace it immediately will result in an automatic license suspension.<\/p>\n<\/li>\n<\/ul>\n<hr data-path-to-node=\"14\" \/>\n<h2 data-path-to-node=\"15\">Alternative: Letter of Credit<\/h2>\n<p id=\"p-rc_eafcd7e80ed5dda6-27\" data-path-to-node=\"16\"><span class=\"citation-12\">If you prefer not to use a surety company, Florida law allows you to submit an <\/span><b data-path-to-node=\"16\" data-index-in-node=\"79\"><span class=\"citation-12\">Irrevocable Letter of Credit (ILOC)<\/span><\/b><span class=\"citation-12 citation-end-12\"> using Form HSMV 86057.<\/span> While this avoids premium payments, it typically requires you to tie up $25,000 of your own cash or credit line with your bank, which is why most dealers opt for the surety bond.<\/p>\n<p data-path-to-node=\"17\"><a href=\"https:\/\/dorsalinsurance.propeller.insure\/axelerator-public\"><b>Purchase your Bond Today!!<\/b><\/a><\/p>\n<p data-path-to-node=\"17\">\n<p data-path-to-node=\"17\"><img decoding=\"async\" class=\"\" src=\"https:\/\/mail.google.com\/mail\/u\/0?ui=2&amp;ik=e6b9e66a25&amp;attid=0.1&amp;permmsgid=msg-a:r6180497614427537995&amp;th=19c767c17eaf40b7&amp;view=fimg&amp;fur=ip&amp;permmsgid=msg-a:r6180497614427537995&amp;sz=s0-l75-ft&amp;attbid=ANGjdJ_3-_1NNq9qU79eYz-iYsZuVS9w6y_is6rZ_J5hR6-mDbAqNLSmHnBTVOqnm3a6WVwkI9Zm4HAKKrT4MWDUZCeas33oJh88CpNbR4lum13T0DIgwMvDE5Er4p8&amp;disp=emb&amp;realattid=FDE2CCC9-695B-4653-AB7C-CC3578FEB69D&amp;zw\" width=\"943\" height=\"943\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In Florida, obtaining a motor vehicle dealer bond is a mandatory step for licensing through the Florida Department of Highway [&hellip;]<\/p>\n","protected":false},"author":244,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"Florida Auto Dealer Bonds - Online Bonding Apply Now","_seopress_titles_desc":"Get your $25,000 Auto Dealer Bond in Florida online! Same-day approval with low annual premiums based on credit score. Renewal info included.","_seopress_robots_index":"","_analytify_skip_tracking":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6181","post","type-post","status-publish","format-standard","hentry","category-blog"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.dorsalinsurance.com\/es\/wp-json\/wp\/v2\/posts\/6181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dorsalinsurance.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dorsalinsurance.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dorsalinsurance.com\/es\/wp-json\/wp\/v2\/users\/244"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dorsalinsurance.com\/es\/wp-json\/wp\/v2\/comments?post=6181"}],"version-history":[{"count":0,"href":"https:\/\/www.dorsalinsurance.com\/es\/wp-json\/wp\/v2\/posts\/6181\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.dorsalinsurance.com\/es\/wp-json\/wp\/v2\/media?parent=6181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dorsalinsurance.com\/es\/wp-json\/wp\/v2\/categories?post=6181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dorsalinsurance.com\/es\/wp-json\/wp\/v2\/tags?post=6181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}