$250 is your GOOD CREDIT PRICE for a Nebraska Motor Vehicle Dealer Bond.
If you are engaged as a motor vehicle dealer in Nebraska you are required under section 60-1401 et. seq. of the Nebraska Revised Statutes to file a Nebraska Motor Vehicle Dealer Bond as a condition of licensure.
Bonds Express offers a Nebraska Motor Vehicle Dealer Bond with a 99% approval rate.
This bond expires every year on 12/31.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Nebraska Motor Vehicle Dealer Bond holds you accountable for your business decisions.
By possessing a Nebraska Motor Vehicle Dealer Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.