NE auction dealer bonds.
$3,000 flat. Soft pull.

Nebraska requires a licensed motor vehicle auction dealer to file a $100,000 bond with the Motor Vehicle Industry Licensing Board — double the standard dealer bond. Ours is $3,000 flat — 3% of the bond amount. One soft credit pull, e-signed in 1–2 business days.

Required for an auction dealer license through the Motor Vehicle Industry Licensing Board
Fixed amount, fixed price — $100,000 bond, $3,000, no quote theater
Soft credit pull only — never affects your score, and the rate stays 3% either way
A-ratedA.M. Best carriers1–2 daystypical issuanceSoft pullnever affects score
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Triple Five
Georgetown
How it works

Three steps to licensed.

Your auction license is waiting on this bond. Here is the entire process:

TODAY · 5 MINUTES

Apply once, online

Business details, owner information, effective date. That is the application — the only extra step is a one-time consent to a soft credit pull.

WITHIN 48 HOURS

Reviewed & approved

A larger bond may get a closer look, but most clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The soft pull never affects your score.

1–2 BUSINESS DAYS

E-sign & file with the Licensing Board

Pay online and receive the executed $100,000 bond, ready to file with your auction dealer license application. Wet-ink originals mailed whenever the Board insists.

The whole pricing page.

$100,000 bond × 3% = $3,000, one-time per term. Auction licenses run on a calendar year and renew December 31; pick the term that matches.

1-year term
$3,000
2-year term
$6,000
3-year term
$9,000
About this bond

What it is and who needs it.

What the bond actually guarantees

Nebraska licenses motor vehicle auction dealers through the Motor Vehicle Industry Licensing Board and sets their bond at $100,000 — twice the standard dealer figure, reflecting the volume of vehicles and money that move through an auction.

The bond is a consumer-and-public-protection guarantee backing the auction’s compliance with the Nebraska Motor Vehicle Industry Licensing Act — clear title, proper handling of funds, and honest dealing. Harmed buyers, sellers, and dealers can recover against it.

It is not insurance for you — if the surety pays a claim, you repay the surety. Auctions that deliver clean title and settle accounts promptly treat the bond as a license formality.

Neb. Rev. Stat. 60-1419 (MVILB — auction dealers)Under Neb. Rev. Stat. 60-1419, an applicant for a motor vehicle auction dealer license must furnish the Motor Vehicle Industry Licensing Board a corporate surety bond in the penal sum of not less than $100,000 — double the $50,000 standard dealer bond. The bond protects against losses from noncompliance with the Motor Vehicle Industry Licensing Act. Auction licenses expire December 31 each year and must be renewed before expiration.

You need this bond if you are

Applying for an auction dealer license with the Motor Vehicle Industry Licensing Board
Renewing an auction license before the December 31 expiration
Operating a wholesale auto auction that the Board conditions on the $100,000 bond
Expanding into Nebraska as an out-of-state auction operator

Five minutes. The whole thing.

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 →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

Do I pay the $100,000? +
No. You pay $3,000 — the flat 3% of the bond amount. The $100,000 is the surety’s maximum liability; it’s not a deposit, and nobody holds your money.
Why is it $100,000 and not $50,000? +
Nebraska sets the auction dealer bond at twice the standard dealer figure under Neb. Rev. Stat. 60-1419, reflecting the higher volume of vehicles and funds that pass through an auction.
What does the bond guarantee? +
That the auction delivers clear title, handles customer and consignor funds properly, and follows the Motor Vehicle Industry Licensing Act. If you fail to and someone is harmed, they can claim against the bond — and if the surety pays, you repay the surety.
Is there a credit check? +
Yes — one soft credit pull, which never affects your score. It informs approval, not price. The rate is a flat 3% either way.
When does it renew? +
Nebraska auction licenses expire December 31 each year. You can buy a 1, 2, or 3-year bond term; we send renewal notices 60 and 30 days out.
Related bonds

Other New York bonds.

The Licensing Board is waiting on one document.

$3,000 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.

Your premium @ 3%$3,000
Apply now →