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Springfield auto dealer bonds.
$100 flat.

The City of Springfield requires every licensed new and/or used motor vehicle dealer to file a $5,000 bond with the City. Ours is $100 flat, set by our carrier's rate book for this bond. The bond issues the moment you pay — no credit check.

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Required for your Springfield new/used auto dealer license — new applicants and renewals
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Fixed amount, fixed price — $5,000 bond, $100, no quote process
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Runs to December 31 — set it once.
A-ratedA.M. Best carriersInstantunderwriting processTo Dec 31fixed expiry date
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 Springfield auto dealer bond cost?

$100 at the $5,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

City license bonds are about the simplest thing in surety. Here's the whole process:

NOW · ONLINE

Apply online

Business details and an effective date. That is the application. No credit check.

MINUTES, USUALLY

Pay & e-sign

Small fixed-amount license bonds like this are among the bond types that issue right after purchase.

SAME DAY

File with the City of Springfield

Your executed bond and power of attorney arrive by email, ready to file with your Springfield dealer license application. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

The City of Springfield licenses new and used motor vehicle dealers operating in the city, and conditions the license on a $5,000 bond. It's a consumer-and-public-protection guarantee that you'll conduct your dealership in compliance with City ordinances and deal honestly with buyers.

It's a three-party arrangement: you (the principal), the surety carrier, and the City of Springfield together with harmed buyers (the protected parties). If a dealer violates City code or harms a customer, the harmed party can recover against the bond up to $5,000.

It is not insurance for you — if the surety pays a claim, you repay the surety. The bond must stay active for the life of your dealer license, so we track it and send renewal notices 60 and 30 days out.

City of Springfield (motor vehicle dealer licensing)The City of Springfield, Missouri conditions a new and/or used motor vehicle dealer license on a $5,000 surety bond filed with the City. The City sets the bond form and amount as part of its business licensing ordinance; confirm the current amount and form on your dealer license application.

You need this bond if you're

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Applying for a Springfield new/used auto dealer license — the bond is filed with your application
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Renewing your city dealer license and your bond is expiring or your surety non-renewed
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Opening a dealership inside Springfield city limits
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Adding a city license alongside your Missouri state dealer 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 $5,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The bond runs to December 31 whatever day you buy; the premium covers the period to that date.

Renewal falls on the statutory date, December 31, in the year your term ends.

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

File with the City of Springfield. Your executed bond and power of attorney arrive by email, ready to file with your Springfield dealer license application. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $100 at the $5,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.

No credit check.

One application, issued instantly.

These are the actual issuing fields. No credit check.

Start the application →
FAQ

Common questions.

How much is the Springfield auto dealer bond?The premium is $100 — set by our carrier's rate book for this fixed $5,000 bond, the same for every dealer. There is no quote process.
Do I pay the $5,000?No. You pay $100. The $5,000 is the surety's maximum liability to the City and harmed buyers if a valid claim is made — not a deposit, and nobody holds your money.
Who requires this bond?The City of Springfield requires it as a condition of a new and/or used motor vehicle dealer license under its business licensing ordinance.
Is there a credit check?No credit check: the application collects no credit information. Most applications for small fixed-amount license bonds like this one approve instantly.
When does it renew?The bond must stay active for as long as you hold the dealer license. This bond runs to December 31 whatever day you buy, and renews from that date; we send renewal notices 60 and 30 days out, with autopay available.
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 Missouri 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 Missouri. Each has its own statute and bond amount.

Related bonds

Other Missouri bonds.

Been told you need a different amount?

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

Finish your Springfield dealer license today.

$100 flat, no credit check, bond often issued in the same sitting. Free until issued.

Your price$100
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