Platinum Bonds Insurance Agency
Research before you apply.Manufactured Home Retail Dealer - New or New and Used
Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.
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BBB A+ AccreditedView the agency profileManufactured Home Retail Dealer - New or New and Used
Dealers in manufactured homes (both new and used), manufacturers of manufactured homes, and installers of manufactured homes in Minnesota must obtain surety bonds as a condition of licensure. The bond amount is $20,000 for standard dealer and manufacturer licenses (required for each agency and subagency location) and $5,000 for limited dealer licenses.
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 depending on the specific bond type, state program, or underwriting requirements.
Your quote determines the actual premium.Issuance timeframe varies by bond type and underwriting
Timing can change when underwriting needs more information.Confirm the bond and provide applicant and business details.
See the terms and premium before deciding to continue.
Complete the required payment and signatures.
Get the issued bond and filing or delivery instructions.
Helpful guidance, a real agency team, and a clear path from research to application.
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