Pawnshops and other non-dealer entities (such as financial institutions and towing companies) that act as designated agents for the purpose of titling motor vehicles or manufactured homes. Required when: Applying for a Non-Dealer Designated Agent license to process title applications for motor vehicles or manufactured…
Overview
What it is.
Pawnshops and other non-dealer entities (such as financial institutions and towing companies) that act as designated agents for the purpose of titling motor vehicles or manufactured homes. Required when: Applying for a Non-Dealer Designated Agent license to process title applications for motor vehicles or manufactured…
Who usually needs it
Pawnshops and other non-dealer entities (such as financial institutions and towing companies) that act as designated agents for the purpose of titling motor vehicles or manufactured homes.
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.
StateALBond amount$50,000Term lengthContinuousObligeeAlabama Department of Revenue, Motor Vehicle DivisionRenewalThe bond remains in full force and effect until canceled. While the bond itself is continuous, the licensee must maintain their underlying business license and pay annual premiums to the surety company to keep the bond …Bond classLicense BondCategoryMotor VehicleBondNon-Dealer Designated Agent BondStatutory referenceCode of Alabama 1975, §§ 32-8-34 and 32-20-22JurisdictionState
