MD boat dealer bonds.
Flat 3%. Enter your amount.
Maryland licenses boat dealers through the Department of Natural Resources, and the license is conditioned on a surety bond. New dealers post $20,000 the first year; after that DNR sizes the bond to your prior-year sales. We issue whatever amount applies at a flat 3% with no credit check.
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Apply to filed in one sitting.
No underwriting queue for the standard boat dealer bond — enter your amount, pay, and file with DNR. Here is the whole thing:
Apply online
Your business details, the bond amount ($20,000 for new dealers, or DNR's figure on renewal), your DNR account number, and the effective date.
Issued on the spot
No credit check and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.
File with DNR
Submit the executed bond with your boat dealer license application or renewal. Wet-ink originals mailed whenever DNR insists.
The whole pricing page.
Bond amount × 3% = your premium, one-time, $275 minimum. New dealers start at $20,000 ($600); renewals use DNR's figure.
What it is and who needs it.
What the boat dealer bond covers
Maryland boat dealers are licensed by the Department of Natural Resources under the State Boat Act. Dealers collect the 5% vessel excise tax on the boats they sell and remit it to DNR — so the license is conditioned on a surety bond that guarantees those collected taxes and fees actually reach the State.
First-year dealers post a $20,000 bond. On renewal, DNR reviews your prior twelve months of sales and sets the bond amount accordingly — higher sales, higher bond. The figure is on your renewal paperwork.
The bond stands behind the excise tax and titling fees you collect — if you fail to remit, DNR can recover against it, and if the surety pays, you repay the surety. It's not insurance for you; it's the State's assurance that the tax it's owed on every vessel you sell is backed.
You need this bond if you are
Five minutes, issued on the spot.
Submit the application with your bond amount and DNR account number — the executed bond is generated instantly, ready to file.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Maryland boat dealer bond? +
Why $20,000 for new dealers? +
What does the bond guarantee? +
Is there a credit check? +
What amount should I enter on renewal? +
Other New York bonds.
Boat dealer bond, issued today.
Five-minute application, flat 3%, $275 minimum. New dealers start at $20,000 — file with DNR the same day.