Virginia — Motor Vehicle Dealer Bond
Virginia motor vehicle dealer applicants need a $50,000 surety bond. Match the dealership's name to its State Corporation Commission record and start the application with Propeller.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- Virginia
- Category
- Vehicles, titles & transportation
What this bond does
Mandatory financial security requirement for licensure to operate as a motor vehicle dealer in the Commonwealth of Virginia.
- Who needs it
- Motor vehicle dealer in Virginia
- Who it protects
- The form identifies the protected interest as ensuring dealers comply with statutory provisions governing business operations.
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
- How to Become A Dealer – Motor Vehicle Dealer Board (opens in a new tab)Checked October 19, 2026
Have these ready
- Match the dealership name to its registration and coordinate the bond paperwork with the license-application timing.
- 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 amount does the Dealer Board require?
The cited licensing instructions state a $50,000 surety bond.
Which business name should I use?
Use the legal dealership name consistent with its registration and license application.
Where do I apply and submit the bond?
Purchase Now opens Propeller in a new tab through The Southern Agency. After issuance, check the original MVDB 2 bond and follow the Dealer Board's submission and timing instructions.