Missouri Motor Vehicle Dealer Bond Increase

What’s the New Surety Bond Requirement?

The new Missouri bill, titled SB 707, increases the amount of the license bond required for new motor vehicle franchise dealers, used motor vehicle dealers, powersport dealers, wholesale motor vehicle dealers, trailer dealers, or boat dealers from $25,000 to $50,000.

 
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Why Choose JW Surety Bonds?

We are the nation’s largest volume bond producer, and provide the lowest rates in the industry. It’s also crucial that you understand that you’re responsible to pay any claims filed on your bond. When you partner with our company, you will have a dedicated claim specialist assigned to your account to ensure claim payouts are either reduced or avoided all together.

Get a Free Quote Instantly Online

If you’re ready to get a surety bond for this newly increased bond requirement, you can simply apply online.

Get Your Free Bond Quote Now!


Eric is the Chief Marketing Officer of JW Surety Bonds. With years of experience in the surety industry, he is also a contributing author to the surety bond blog. He has held a range of different roles within the surety industry, from agent assistant to bond issuer, which gives him a unique insider perspective on surety related topics.

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