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Connecticut motor vehicle dealer bonds.
$2,500 flat.

Also known as the Connecticut auto dealer bond or car dealer bond.

Connecticut licenses motor vehicle dealers through the DMV and conditions the license on a surety bond under CGS 14-52. This page is set for a $250,000 bond — ours is $2,500 flat, issued instantly for most. A quick soft credit check may apply, e-signed in 1–2 business days.

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Filed with the CT DMV as a condition of your dealer license under CGS 14-52
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Fixed amount, fixed price — $250,000 bond, $2,500, no quote theater
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One soft credit pull — never a hard inquiry, and it never affects your score
A-ratedA.M. Best carriersInstantissued the moment you pay1–3 yrterms available
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a Connecticut motor vehicle dealer bond cost?

$2,500 at the $250,000 amount, the same for every applicant.

How it works

Three steps to licensed.

Your dealer license is waiting on this bond. Here's the entire process — no broker phone tag:

TODAY · ONLINE

Apply once, online

Business details, owner information, effective date. That is the application — the application collects SSN and credit fields, so a quick soft credit check may run.

WITHIN 48 HOURS

Reviewed & approved

Larger dealer bonds get a quick underwriting look; if anything is needed, you hear from an underwriter within 48 hours. Any credit check is a soft pull that never affects your score.

1–2 BUSINESS DAYS

E-sign & file with the DMV

Pay online and receive the executed bond ready to file with your dealer license application. Wet-ink originals mailed whenever the state insists.

About this bond

What it is and who needs it.

What the bond actually guarantees

Connecticut licenses new car dealers, used car dealers, repairers and related businesses through the Department of Motor Vehicles under CGS 14-52, and conditions each license on a surety bond. The bond is a consumer-and-public-protection guarantee — it stands behind clear title and your compliance with the state and federal laws governing the sale of motor vehicles.

It's a three-party arrangement: you (the principal), the surety carrier, and the State of Connecticut together with harmed customers (the protected parties). The bond is indemnity for any loss sustained by any customer by reason of the dealer's failure to comply with the law — if a dealer fails to deliver clear title or misapplies a customer's money, the harmed party can recover against the bond.

One honest note on the amount. Connecticut's standard dealer bond was raised to $60,000 by Public Act 22-44 (effective July 1, 2022). This page is set for a $250,000 bond, which is well above the standard figure — it may reflect a specific dealer classification or an individual DMV requirement. If your DMV paperwork asks for a different amount, tell us and we'll re-issue at the right figure. We won't imply a mandate that doesn't match your license.

CGS 14-52Connecticut General Statutes § 14-52 requires a surety bond for new car dealer, used car dealer, repairer and related licenses issued by the DMV, conditioned on compliance with state and federal motor vehicle law and providing indemnity for loss sustained by any customer. Public Act 22-44 raised the standard dealer bond to $60,000 effective July 1, 2022 (with lower figures for repairers, recyclers and leasing companies). The $250,000 amount on this page is above the standard figure — confirm the exact amount on your DMV requirement and we will match it.

You need this bond if you're

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Applying for a CT dealer license — new, used, or wholesale, through the DMV
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Renewing your dealer license and your current bond is expiring or non-renewing
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Subject to a higher bond amount the DMV set for your specific license or history
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Moving to Connecticut from another state and getting licensed here
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the $250,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

E-sign & file with the DMV. Pay online and receive the executed bond ready to file with your dealer license application. Wet-ink originals mailed whenever the state insists.

What sets the price

The premium is fixed at $2,500 at the $250,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.

One soft credit pull, never a hard inquiry, and it never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application: approved instantly, or after a quick credit check.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.

Start the application →
FAQ

Common questions.

Do I pay the $250,000?No. You pay $2,500 — the flat price for this bond amount. The $250,000 is the surety's maximum liability to the state and harmed customers; it's not a deposit, and nobody holds your money.
Is the Connecticut dealer bond really $250,000?The standard CT motor vehicle dealer bond is $60,000, raised by Public Act 22-44 effective July 1, 2022. This page is set for $250,000, which is above the standard figure and may reflect a specific classification or DMV requirement. Send us your exact DMV requirement and we'll issue the right amount at the correct flat price.
Who requires this bond?The Connecticut Department of Motor Vehicles requires it under CGS 14-52 as a condition of a dealer, repairer, or related license. No active bond, no license. The bond requirement is set by PA 22-44.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. It's the only extra step beyond the application, and it informs approval, not price. The price stays $2,500 either way: credit can affect whether we approve the bond, never what it costs.
When does it renew?Terms run 1, 2, or 3 years — your choice at purchase. You'll get renewal notices 60 and 30 days before expiration, with autopay available, and the bond must stay active for your dealer license to stay valid.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
Same family

Other Connecticut motor vehicle dealer bonds.

Not sure this is the one your license calls for? These are the other motor vehicle dealer bonds we write in Connecticut. Each has its own statute and bond amount.

Related bonds

Other Connecticut bonds.

Been told you need a different amount?

Price and requirements checked on the carrier’s application, . Page updated .

The DMV is waiting on one document.

$2,500 flat for the $250,000 bond, short application, e-signed in 1–2 business days. Free until issued.

Your price$2,500
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