Nebraska auction dealer bonds.
$1,000 flat.
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 $1,000 flat — set by our carrier’s rate book. A quick soft credit check may apply, e-signed in 1–2 business days.
Trusted by industry leaders
How much does a Nebraska auction dealer bond cost?
$1,000 at the $100,000 amount, the same for every applicant.
Three steps to licensed.
Your auction license is waiting on this bond. Here is the entire process:
Apply once, online
Business details, owner information, effective date. That is the application — the only extra step is a one-time consent to a quick soft credit check.
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. One soft credit pull, never a hard inquiry, and it never affects your score.
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.
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.
You need this bond if you are
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 $100,000 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
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.
What sets the price
The premium is fixed at $1,000 at the $100,000 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 quick soft credit check. Submit once and your bond is typically issued within 1–2 business days.
Start the application →Common questions.
Other Nebraska 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 Nebraska. Each has its own statute and bond amount.
Other Nebraska bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
The Licensing Board is waiting on one document.
$1,000 flat, short application, e-signed bond in 1–2 business days. Free until issued.