Not in Indiana? Browse bonds by state

Indiana vehicle manufacturer bonds.
$250 flat.

A company that manufactures or assembles new motor vehicles or major component parts and sells them to Indiana dealers, distributors, or the public is licensed by the Secretary of State’s Auto Dealer Services Division, and IC 9-32-11-2 conditions that license on a $25,000 bond in favor of the state. Ours is $250 flat.

✓
Required of a manufacturer, factory branch, or entity controlled by the manufacturer selling into Indiana
✓
Fixed amount, fixed price — $25,000 is statutory and identical across every Auto Dealer Services license class
✓
RV and manufactured-home makers are excluded — the Division does not require this license of them
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 an Indiana vehicle manufacturer bond cost?

$250 at the $25,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

Manufacturer licensing involves zoning, a background check, and a certificate of insurance naming the Secretary of State. The bond is the piece you can close today:

NOW · ONLINE

Apply online

Entity details, years in business, your dealer number if one has been issued, and an effective date. That is the application — no financial statements required for the bond itself.

MINUTES, USUALLY

Pay & e-sign

Vehicle merchandising bonds are among the thousands of bond types that issue right after purchase. If a check runs at all it is a soft pull that never affects your score.

SAME DAY

Upload to the Dealer Portal

Since October 1, 2024 bond and insurance updates go through the online Dealer Portal only. Your executed bond and power of attorney arrive by email ready to upload with the manufacturer application or renewal. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the vehicle manufacturer bond actually guarantees

Indiana regulates the top of the distribution chain as well as the bottom. The Secretary of State’s Auto Dealer Services Division licenses a manufacturer — a person engaged in manufacturing or assembling new motor vehicles or major component parts and selling them to dealers, distributors, or the public — and the license reaches a factory branch office of the manufacturer and entities controlled by the manufacturer. Recreational vehicle and manufactured home manufacturers are expressly outside it and are not required to obtain this license. If you sell at retail to the public as well, the Division applies the new and used dealer location requirements to that premises on top of the manufacturer rules.

The bond is the same statutory instrument every Auto Dealer Services licensee files. IC 9-32-11-2 requires a bond satisfactory to the secretary in the amount of $25,000, in favor of the state, securing the fines, penalties, costs, and fees the secretary assesses after notice, an opportunity for a hearing, and an opportunity for judicial review — and securing payment of damages to a person aggrieved by a violation of IC 9-32 by the licensee after a judgment has been issued. In the manufacturer context the likely aggrieved parties are the franchised dealers and distributors downstream of you, which is why the same section requires a license issued to a factory branch or distributor branch to specify each place of business and be conspicuously displayed there.

Treat it as a standing condition rather than a filing. Your license expires annually on a date keyed to the first letter of your business name — the Division runs the calendar from February 1 for names beginning A–B through January 1 for W–Z — and renewals may be submitted up to 90 days in advance. The Division’s renewal instructions are explicit that the expiration dates on your bond and insurance must fall after your license expiration date, and that the license is suspended during any lapse in bond coverage. A continuation certificate on the existing bond is acceptable, and the certificate of insurance must name the Secretary of State as certificate holder — not the BMV.

IC 9-32-11-2 · Secretary of State, Auto Dealer Services DivisionIndiana Code 9-32-11-2(h) provides: "A licensee shall maintain a bond satisfactory to the secretary in the amount of twenty-five thousand dollars ($25,000). The bond must: (1) be in favor of the state; (2) secure payment of fines, penalties, costs, and fees assessed by the secretary after: (A) notice; (B) opportunity for a hearing; and (C) opportunity for judicial review; and (3) secure the payment of damages to a person aggrieved by a violation of this article by the licensee after a judgment has been issued." The same section sets the statutory license fee for a manufacturer or distributor at thirty-five dollars ($35) — a nonrefundable state fee deposited under IC 9-32-7-3, separate from bond premium. The bond is written on the Indiana Vehicle Merchandising Certificate/Bond, State Form 53966, (R7/03-24) revision; older revisions are not accepted. Since October 1, 2024 the Division accepts bond and insurance updates only through its online Dealer Portal. The Division’s published guidance states that a dealer license is suspended during any lapse in bond coverage, and that bond and insurance expiration dates must fall after the license expiration date. Confirm your license class with the Division before you file — the $25,000 amount does not change, but the license class and fee do.

You need this bond if you are

✓
Applying for an Indiana manufacturer license to sell new vehicles or major component parts to dealers, distributors, or the public
✓
A factory branch or an entity controlled by the manufacturer operating a licensed location in Indiana
✓
Renewing your manufacturer license and your current bond expires on or before the license expiration date
✓
Replacing a cancelled or non-renewed bond before the lapse suspends the license
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 $25,000 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

Upload to the Dealer Portal. Since October 1, 2024 bond and insurance updates go through the online Dealer Portal only. Your executed bond and power of attorney arrive by email ready to upload with the manufacturer application or renewal. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $250 at the $25,000 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, issued instantly.

These are the actual issuing fields. Have your dealer number handy if one has been issued; the credit consent in this application authorizes a soft pull only.

Start the application →
FAQ

Common questions.

How much is the Indiana vehicle manufacturer bond?The premium is $250 flat — set by our carrier's rate book for this bond, the same for every manufacturer. The $25,000 bond amount is fixed by IC 9-32-11-2, so there is no quote process.
Do I pay the $25,000?No. You pay $250. The $25,000 is the surety’s maximum liability if a valid claim is made — the fines, penalties, costs and fees the secretary assesses, or damages to an aggrieved person after a judgment has been issued. Nobody escrows your money.
How fast will I have the bond?Vehicle merchandising bonds are among the thousands of bond types that issue right after purchase — most applicants finish and have the executed bond in the same sitting. Issued when you pay. One soft credit pull, never a hard inquiry, and it never affects your score.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score.
We build RVs / manufactured homes — do we need this?No. The Auto Dealer Services Division states that recreational vehicle and manufactured home manufacturers are not required to obtain the manufacturer license, so this bond does not apply to you in that capacity. If you also operate a licensed sales lot or community in Indiana, that is a separate license class with its own filing — ask the Division which applies before you buy a bond.
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.
Related bonds

Other Indiana bonds.

Nearby states

The same bond in nearby states.

Been told you need a different amount?

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

File the bond and finish the manufacturer application.

$250 flat, soft pull only, executed bond usually in the same sitting and ready for the Dealer Portal. Free until issued.

Your price$250
Apply now →