Florida — Salvage Dealer Bond
Match Florida's salvage-vehicle dealer class, SD, to the State's $25,000 motor-vehicle dealer security and exact business name.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- Florida
- Bond type
- Auto Dismantler / Salvage Dealer Bond
- Category
- Vehicles, titles & transportation
What this bond does
FLHSMV application 86056 lists SD under section 320.27 and identifies $25,000 security using HSMV 86020 for the bond route. Its instructions also permit the specified irrevocable letter of credit for motor-vehicle dealer applicants; this listing's handoff is for a bond.
- Who needs it
- The business applying for or maintaining Florida's SD salvage-vehicle dealer license. Keep the SD file distinct from a VA motor-vehicle auction license or an individual auctioneer's separate professional-license process.
- Who it protects
- HSMV 86020 binds the principal and surety to the Director of the Division of Motorist Services, with stated protection for retail or wholesale parties suffering loss from covered written-contract failures or Chapter 319/320 violations. It is not insurance on salvage inventory or every business loss.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.
Sources
- Florida FLHSMV: application86056, SD class and bond instructions (opens in a new tab)Checked October 26, 2026
- Florida FLHSMV: actual motor-vehicle dealer surety bond86020 (opens in a new tab)Checked October 26, 2026
Have these ready
- Identify the SD applicant and actual FLHSMV dealer file.
- Match the legal business and all applicable fictitious names to the State registration.
- For the bond route, use HSMV 86020 or the State's permitted exact-language format.
- Check the $25,000 sum, dates, signatures, seal and power of attorney.
- Submit the original issued security with the actual licensing or renewal documents.
Questions about this bond
Is SD the same license as an auction dealer or professional auctioneer?
No such equivalence follows. Application 86056 separately labels salvage SD and motor-vehicle auction VA. Match the actual SD file rather than treating a dealer bond as an individual professional credential.
Can the provider add conditions to the State wording?
The application instructions require the State form or its exact language in the permitted format and say changed language, addenda or conditions will be rejected. Check the issued instrument before submission.
Does the bond automatically renew my SD license?
No. The form allows a continuation certificate supporting a subsequent license, but that is not itself license renewal. Confirm what security remains effective and what FLHSMV requests for the actual period before another purchase.