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Iowa bonds

Iowa — Motor Vehicle Dealer And/Or Towable Recreational Vehicle Dealer Bond

Iowa motor vehicle and towable recreational vehicle dealers use $75,000 surety security. Identify the business locations and vehicles each location handles, then start this dealer bond application with RLI.

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Recorded state
Iowa
Bond type
Motor Vehicle Dealer / Vehicle Sales Bond
Category
Vehicles, titles & transportation

What this bond does

Dealer licensure and regulatory compliance in Iowa

Who needs it
Motor vehicle and towable recreational vehicle dealers
Who it protects
The form identifies it as protection against noncompliance with dealer operations and laws

Your bond option

This is the option on record for this bond.

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.

Bond Amount

Both motor vehicle and towable recreational vehicle dealers require a $75,000 surety bond.

Sources

Have these ready

  1. Prepare the licensed entity, dealership locations and whether each location handles motor vehicles or towable recreational vehicles.
  2. Have the legal applicant name, requesting party and any required form available for the provider application.
  3. Compare the requested sum and effective dates with the actual option and issued document.

Questions about this bond

What should I prepare?

Have the licensed entity name and dealership locations ready, including whether each handles motor vehicles or towable recreational vehicles.

Does the towable-RV class change the bond amount?

The cited Iowa rules state $75,000 for both motor vehicle and towable recreational vehicle dealers. Location licensing differs between the activities.

Does purchasing complete the dealer application?

No. Purchase Now opens RLI in a new tab through The Southern Agency. After issuance, check and submit the bond with the remaining licensing documents.

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How can we help you get started?

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