Louisiana - New Motor Vehicle Dealer ($20,000) — required surety bond in Louisiana. Apply online in minutes.
The Louisiana New Motor Vehicle Dealer Bond is a commercial surety bond that guarantees auto dealers comply with state regulations and industry standards. It provides financial protection to consumers and the state if the dealer engages in fraudulent activities, unethical business practices, or fails to properly transfer vehicle titles.
This bond is generally required for individuals or business entities applying for or renewing a license to sell new motor vehicles in Louisiana. It applies to franchised dealerships and other authorized retailers of new automobiles, motorcycles, and recreational vehicles.
The state requires this bond to protect the public from potential financial harm caused by a dealership's misconduct or negligence. It ensures that dealers remit necessary taxes, honor warranties, and handle vehicle documentation properly. If a dealer violates these obligations, a claim can be filed against the bond to compensate the injured party.
To get started, click the Apply Now button to complete our secure, approximately 5-minute online application. Once your application is reviewed and your bond is issued, it will be delivered directly to you by email. For any questions, you can contact Noah Insurance Agency, licensed nationwide, at 814-718-0060.
Premiums vary based on factors such as your personal credit history and business financials. Please apply online with Noah Insurance Agency for an exact quote.
Bond amount requirements vary based on state regulations and your specific dealership operations. You must verify the exact required figure with the issuing agency before purchasing your bond.
Approval times vary depending on the applicant's profile and current underwriting requirements. Please complete our secure online application to get your specific timeframe and quote.
Yes, applicants with less-than-perfect credit can often still secure a bond, though premium rates will vary. Apply online to see the exact options and figures available for your specific financial profile.
Send us a note or call 814-718-0060 — a licensed agent will confirm the bond amount and requirements for you.
Noah Insurance Agency · Licensed Nationwide