Vehicle Dealers operating in the State of Idaho are required under Section 49-1418 of the Idaho Code to execute an Idaho Vehicle or Vessel Dealer Bond to ensure compliance with licensure.
Bonds Express offers an Idaho Vehicle or Vessel Dealer Bond with a 99% approval rate.
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 Idaho Vehicle or Vessel Dealer Bond holds you accountable for your business decisions.
By possessing an Idaho Vehicle or Vessel Dealer Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.