Any person applying for a vehicle or vessel dealership license in Idaho, including retail, wholesale, and specialty vehicle dealers. Required when: Required as a condition of obtaining and maintaining a vehicle or vessel dealer license. Exemptions: The bond requirement is satisfied if the applicant is a licensed manuf…
Overview
What it is.
Any person applying for a vehicle or vessel dealership license in Idaho, including retail, wholesale, and specialty vehicle dealers. Required when: Required as a condition of obtaining and maintaining a vehicle or vessel dealer license. Exemptions: The bond requirement is satisfied if the applicant is a licensed manuf…
Who usually needs it
Any person applying for a vehicle or vessel dealership license in Idaho, including retail, wholesale, and specialty vehicle dealers.
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateIDBond amount$10,000 for dealers exclusively selling motorcycles, motor-driven cycles, motor…Term lengthContinuousObligeeIdaho Transportation Department - Division of Motor VehiclesRenewalThe bond is continuous in form and remains in effect until canceled. However, the dealer must pay annual premiums to the surety company to keep the bond active. The surety must provide 30 days' written notice to the Ida…Bond classLicense BondCategoryMotor VehicleBondLICENSE BONDStatutory referenceIdaho Code § 49-1608JurisdictionState
