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Maryland Trailer Dealer Bond

If you are engaged as a Trailer Dealer in the State of Maryland, you are required to execute a Maryland Trailer Dealer Bond to ensure compliance with the Transportation Article of the Annotated Code of Maryland.

The required amount of the Maryland Trailer Dealer Bond is as follows:

• Boat Trailer $5,000
• Trailers Under 15' $5,000
  
• Trailers Over 15' (1 - 250 trailers sold) $15,000
• Trailers Over 15' (251 - 500 trailers sold) $25,000
• Trailers Over 15' (501 - 1,000 trailers sold) $35,000
• Trailers Over 15' (1,001 - 2,500 trailers sold) $50,000
• Trailers Over 15' (Over 2,500 trailers sold) $150,000
  

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 Maryland Trailer Dealer Bond holds you accountable for your business decisions.

By possessing a Maryland Trailer Dealer Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.

Our Free 24 Hour Quote Procedure

How to cut down the approval process and keep your cost low:

1.      Our applications are all that's usually needed to get you a price.

2.      Occasionally, more information is needed. If so, we will contact you within 24 hours.

3.      If you have credit issues, approvals might need an additional day.

4.      We never require an application fee. All quotes are 100% free.

5.      Bond approvals, like loans, are based on personal credit, financial strength of the owner, bond amount and type of bond. The more information you provide, the better chance you have of getting the lowest available price and a faster approval.