Virginia requires anyone selling more than five watercraft a year to license as a dealer with the Department of Wildlife Resources and file a $5,000 bond under § 29.1-810. At $5,000, our premium is $250 flat. A quick soft credit check may apply, never a hard inquiry.
















Your dealer license is waiting on this bond. Here's the entire process — no broker phone tag:
Business details, owner information, effective date. That is the application — the only extra step is a one-time consent to a soft credit pull.
Most of these clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The credit check is a soft pull that never affects your score.
Pay online and receive the executed bond ready to file with your watercraft dealer license application. Wet-ink originals mailed whenever the Department insists.
Virginia licenses watercraft dealers through the Department of Wildlife Resources under the Watercraft Dealer Licensing Act (Title 29.1, Chapter 8). Anyone selling more than five watercraft in a year must hold a dealer license and file a $5,000 surety bond under § 29.1-810.
The bond is a consumer-protection guarantee: it protects any person who suffers a loss from the dealer's fraudulent acts or unlawful business practices — failing to deliver clear title, misapplying a buyer's money, or otherwise violating the dealer law.
It is not insurance for you — if the surety pays a claim, you repay the surety. The $5,000 amount is fixed by statute, so there is no quote process: dealers who keep clean records treat the bond as a license formality.
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 →$250 flat, short application, e-signed bond in 1–2 business days. Free until issued.