The State of West Virginia requires individuals applying for a motor vehicle dealer license to submit a $25,000 Surety Bond to the West Virginia Department of Motor Vehicles (WVDMV). This bond guarantees that the principal (vehicle dealer) complies with all sections of the West Virginia Code that apply to vehicle dealers and all pertinent rules and regulations of the WVDMV. It also protects purchasers, sellers, financial institutions, agencies or the State of West Virginia if the principal practices any fraud or makes any fraudulent representation that causes a financial loss.
West Virginia Dealer Bonds expire annually on June 30th and run concurrently with the principal’s dealer license.
Pacific Surety is proud to offer industry low rates and quick turnaround time for quoting on West Virginia Motor Vehicle Dealer Bonds. Feel free to complete our simple application to obtain an approval within hours.
Surety Bond Name
Motor Vehicle Dealer Surety Bonds – West Virginia
$25,000Request a Free Quote