Vermont — Continual Motor Vehicle Dealer Bond
Vermont's continual motor vehicle dealer bond uses prior-year sales to set the amount. Applicants not registered as dealers in the previous year need $35,000. Prepare your registration details and start with Propeller.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- Vermont
- Category
- Vehicles, titles & transportation
What this bond does
Provide indemnity to the state or any person transacting business with the principal for losses sustained due to failure to remit fees.
- Who needs it
- New or Used Motor Vehicle Dealer
- Who it protects
- The State of Vermont or any person transacting business with the principal for any loss sustained by reason of the principal's failure to remit fees.
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
- MOTOR VEHICLE DEALER BOND (opens in a new tab)Checked October 19, 2026
Have these ready
- Gather last year’s vehicle sales total and tell the provider if the applicant was not registered as a dealer in that year.
- Have the legal applicant name, requesting party and any required form available for the provider application.
- Compare the requested sum and effective dates with the actual option and issued document.
Questions about this bond
What is the requirement for new dealer registration regarding surety bonds?
A registration shall not be issued unless the dealer provides the Commissioner with a surety bond issued by an entity authorized to do business in Vermont.
When must a claim be made against the bond?
Any claim must be made within one year after the Principal ceases to be licensed or one year after the bond is cancelled or terminated, whichever is first.
Are there specific forms I must use?
Only forms provided by the Commissioner or identical independently produced forms are permitted.