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Maine bonds

Maine — Motor Vehicle Dealer Bond (Continuous)

This Maine motor vehicle dealer application is listed as continuous. Have the dealership's bond request ready and use Purchase Now to start with Propeller.

Term
Continuous

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Recorded state
Maine
Category
Vehicles, titles & transportation

What this bond does

Supplies the continuing dealer-business security described in the required Maine bond form.

Who needs it
A Maine motor vehicle dealer whose request calls for a continuous bond.
Who it protects
The recipient and protected parties named in the dealer bond.

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.

Check the effective date and continuation instructions

Continuous does not mean the bond can never end. Check the form's cancellation and continuation conditions against your license request, and keep the dealer entity and business location consistent.

Sources

Have these ready

  1. Have the legal dealer name, DBA and business address available.
  2. Use the requested amount and effective date in the provider application.
  3. After issuance, check the continuous form and follow the recipient's filing instructions.

Questions about this bond

Is there a one-year term shown?

The listed term is continuous; no fixed amount is shown. Follow the actual form and license instructions.

Is this a title bond for a vehicle?

This application is for the dealer business's bond request, not an individual vehicle title.

How do I begin?

Purchase Now opens Propeller in a new tab through The Southern Agency. Issuance and Maine licensing remain separate.

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