A West Virginia motor motor vehicle dealer bond is an essential step in licensing of your dealership. This surety bond is a type of financial assurance required by the West Virginia Division of Motor Vehicles from individuals and businesses engaging in the sale of automobiles. This bond serves as a guarantee that the dealer operates ethically and complies with state statutes and DMV regulations governing the vehicle merchandising sector.
The West Virginia auto dealer bond guarantees that the operator will comply with dealer laws and DMV resolutions that regulate the dealership business. This dealer bond runs to to the state Department of Motor Vehicles and can be claimed upon to reimburse the state for fines, penalties, costs and fees associated with sustained complaints. The surety bond form more specifically guarantees the dealer's compliance withArticle 6, Chapter 17A of the West Virginia Code. Surety bonds and application materials must be submitted to:
WV Division of Motor Vehicles
5707 MacCorkle Avenue, S.E.
Charleston, WV 25304
West Virginia surety bond leader, Surety One, Inc., offers same-day servicing of your new or renewal vehicle dealer bond request. Our special programs allow us to offer you bonding regardless of your credit condition. Damaged credit? No problem! We have non-standard bonding programs for Indiana vehicle dealer bond applicants. Do you operate in multiple states? No problem! We offer motor vehicle dealer bonds in all states where they are required by law. We also offer certificate of title bonds occasionally needed in the course of your dealership operations.
Surety bond application review and quoting are free of charge. There is no obligation to purchase.