The Nebraska Motor Vehicle Industry Licensing Board (MVILB) regulates and licenses motor vehicle dealers in the State of Nebraska. As part of their licensing requirements, dealers must submit and maintain a surety bond with the MVILB. Bond amounts vary and are based on license type:
- New/Used Motor Vehicle Dealer, Trailer Dealer, Wholesale Dealer or Motorcycle Dealer
- Motor Vehicle Auction Dealer
The purpose of the bond is to guarantee that the principal (dealer) complies with all regulations in the Nebraska Revised Statutes , and protects any person or other dealer from loss due to fraudulent or unlawful actions by the principal in the course of business. The Nebraska dealer bond expires annually on December 31st.
Pacific Surety is proud to offer industry low rates and quick turnaround time for quoting for Nebraska Motor Vehicle Dealer Bonds. Feel free to complete our simple application to obtain an approval within hours.