FOR ALL YOUR SURETY BOND NEEDS.
Apply for a Mississippi Surety Bond today! Single Source Insurance is a leading MS surety bond company. Apply easily online and take advantage of lowest rates. Quickly browse the bonds we offer for this state, or contact us for a full list.
How much can I expect to pay for my Mississippi motor vehicle dealer bond?
These bonds do require underwriting and are based on personal credit of all the owners.� You can expect to pay anywhere between 1% to 5% of the bond penalty amount if you maintain good credit.� For individuals with lower credit ratings, we can still offer the most competitive premiums with financing sometimes being an option.
Bond Penalty Amount:�$15,000
Bond Term:�1 year
Bond Expiration Date: Varies.
Why do I need this bond?
This bond is required by the�State of Mississippi, Department of Revenue for all businesses engaged in selling or exchanging motor vehicles. This includes the following license types:
In order to maintain your dealer license with the State of Mississippi you must keep your surety bond in good standing.?
What to do after you purchase your bond:
After you receive your vehicle dealer bond from Single Source Insurance, you will need to file it along with the attached power of attorney with:
Mississippi Department of Revenue
Motor Vehicle Licensing Bureau
P O Box 1140
Jackson, MS 39215
Vehicle Dealer Bonds are also referred by many people and state agencies as: MVD Bonds, DMV Bonds, Vehicle Dealer Bonds, Auto Dealer Bonds, Car Dealership Bonds, Car Dealer Bonds & Used Car Dealer Bonds. �
Whatever you wish to call them, Single Source Insurance can help you obtain it at a low rate!
