Surety bonds • Washington
Washington Auto Dealer Bond: $30,000 Requirement and Cost
Washington requires motor vehicle dealers, and mobile home, park trailer, and travel trailer dealers, to carry a $30,000 surety bond under RCW 46.70.070, with a bond for each in-state business location. Miscellaneous dealers need $5,000. Published prices for the $30,000 bond start around $196 a year.
This guide covers bond amounts, who the bond protects, key rules, and costs. Blake Insurance Group is an independent agency, and a licensed agent can help with your bond and dealer insurance.
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Bond amounts
| Dealer classification | Bond amount |
|---|---|
| Motor vehicle dealer | $30,000 |
| Mobile home, park trailer, and travel trailer dealer | $30,000 |
| Miscellaneous dealer | $5,000 |
Source: RCW 46.70.070. Dealers in more than one classification carry the highest applicable bond.
Key rules
- Vehicle dealers need a bond for each in-state business location and must cover temporary subagencies.
- Retail purchasers and non-dealer consignors can sue the dealer and surety for losses from violations of the dealer law.
- If the bond is exhausted or canceled, the dealer license is automatically canceled.
Source: RCW 46.70.070.
How much a Washington dealer bond costs
| Bond | Published price |
|---|---|
| $30,000 new or used vehicle dealer | From $196, after underwriting |
| $5,000 miscellaneous dealer | $100 |
Prices published by SuretyBonds.com.
Bond vs. dealer insurance
The bond protects customers, not the dealership. Dealers usually also carry garage liability, dealer’s open lot, and commercial auto insurance. See our surety bond vs. insurance guide.
Washington auto dealer bond FAQs
How much is a Washington dealer bond?
$30,000 for motor vehicle dealers. Published prices start around $196 a year.
Do I need a bond for each location in Washington?
Yes. Vehicle dealers need a bond for each in-state business location.
How much is a Washington miscellaneous dealer bond?
$5,000.
Related guides
- Washington surety bonds
- California auto dealer bond
- Arizona auto dealer bond
- Commercial auto insurance
- Surety bonds
- Surety bond cost
- Surety bond cost calculator
- Buy a surety bond online
- License and permit bonds
- South Dakota auto dealer bond
- West Virginia auto dealer bond
- New Mexico auto dealer bond
- Nebraska auto dealer bond
- Kansas auto dealer bond
- Iowa auto dealer bond
- Oklahoma auto dealer bond
- South Carolina auto dealer bond
- Alabama auto dealer bond
- Tennessee auto dealer bond
Important information
Compensation. The link in the partner quote box near the top of this page is sponsored, and Blake Insurance Group may be paid if you make a purchase. Sponsored placement does not affect the other information on this page.
Independent agency. Blake Insurance Group LLC is an independent insurance agency. Licensed insurance producer NPN 16944666. Licensed states: AZ, AL, TX, CA, NY, OH, FL, NC, VA, GA, OK, NM, IA, KS, MI, NE, SC, SD, WV, IL, NJ, PA, TN, and WA. Which insurance companies we can quote depends on our current appointments, the product, and your state. Mentioning a company on this page does not mean we represent it.
Cost figures. Published averages and ranges are cited from the sources named, as of the dates shown. They are not quotes and may not reflect your price, which depends on the insurer, the surety, your credit, the bond type, and underwriting.
Availability. Coverage, prices, discounts, and eligibility vary by insurer, state, and applicant, and are subject to underwriting. The issued policy controls.
Your next step
Tell us about your dealership, and a licensed agent will help with your Washington dealer bond, or start a bond quote online with our partner.
