New Hampshire Motor Vehicle Dealer Bond

To sell cars in New Hampshire, you need a $25,000 motor vehicle dealer bond. It goes to the New Hampshire DMV. You can get it fast.

Bond Amount
$25,000
Typical Premium
$200–$1,250/yr
Term
1 Year
Required By
New Hampshire Division of Motor Vehicles
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What Is the New Hampshire Motor Vehicle Dealer Bond?

Think of the New Hampshire motor vehicle dealer bond as a promise to your buyers and the state. Wrong a customer, and they can claim against the bond. The surety collects from you after.

In New Hampshire, the bond is $25,000.

New Hampshire requires a separate $25,000 bond for each dealer name and location.

Who Needs This Bond in New Hampshire?

How to Get Bonded — Step by Step

  1. Start your New Hampshire dealer license application.
  2. Buy your motor vehicle dealer bond here. Most quotes come back fast.
  3. Send the bond to the New Hampshire DMV.
  4. Once approved, get your license and start selling.

Renewal & Continuous Bond Coverage

Your New Hampshire dealer license runs on a set cycle (every year). Keep the bond current. A lapse can cost you your license.

Frequently Asked Questions

Does the New Hampshire bond protect me?

No. The bond protects your customers and the state, not you. If a claim is paid, you repay the surety. It is not insurance for you.

How fast can I get bonded in New Hampshire?

Most quotes come back fast, often within a day. Many bonds are issued the same day for good credit.

How much does the bond cost?

You pay a yearly premium — a small percent of the bond amount. Your rate depends mostly on your credit.

How a Surety Bond Works

A dealer bond is a type of surety bond. The picture below shows the three parties and what happens if someone files a claim.

Diagram of how a surety bond works: the obligee requires the bond, the principal applies and signs an indemnity agreement, and the surety issues the bond; if the principal fails, the obligee files a claim, the surety investigates and may pay, and the principal reimburses the surety.

Ready to get your New Hampshire Motor Vehicle Dealer Bond?

Apply in 2 minutes. Most quotes returned same day.

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Related: All New Hampshire surety bonds · What is a surety bond? · How surety bond costs are calculated

Underwriting Disclosure. All surety bond applications are subject to underwriting review and approval by the issuing surety company. Quoted premiums are estimates only; final pricing is determined by individual underwriting factors, which may include personal and business credit history, financial statements, industry experience, and claims history. Many bonds qualify for instant online approval, while others may require additional documentation, financial review, or indemnitor signatures prior to issuance. SuretyBondly makes no representation, warranty, or guarantee of approval, eligibility, premium amount, bond form, or issuance timing. Bond amounts, forms, and requirements are governed by the applicable obligee and statutory authority and may change without notice. Information provided on this page is for general informational purposes only and does not constitute legal, financial, or tax advice.