DIA Payment

 

Vehicle Dealer Surety Bonds

The Michigan Department of State requires all dealers to maintain a $25,000 surety bond to obtain or renew their dealer license. MADA makes this simple for our members by handling all the paperwork. Through our Dealers Insurance Agency (DIA), we provide competitively priced surety bonds underwritten by Merchants Bonding Company – a trusted leader in the surety industry with decades of proven reliability.

Beyond Basic Licensing

We also offer additional bonds your dealership may need for business operations, including: sales finance bonds, purchaser bonds, title bonds, and notary bonds.

Questions? MADA is here to help you stay compliant and focused on what matters – running your dealership. Please call (800) 292-1923 if we can support your bonding needs.

Getting Started

To obtain a new bond through MADA / DIA, please contact the association at (800) 292-1923.

To renew your existing DIA surety bond, please reference the ID# on your DIA renewal invoice and use the links below. Payments must be submitted separately for each dealership location.

$25,000 Surety Bond | Online Renewal Options

• • 1 Year Bond ($250)
  • 2 Year Bond ($438)
  • 3 Year Bond ($625)

 

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Merchants Bonding Company is among the top 15 surety writers in the United States. For nearly a century, Merchants has honed its expertise in surety, offering first-class service and a common sense underwriting approach to give our agents an edge. Merchants is proud to underwrite dealer surety bonds through MADA’s Dealers Insurance Agency.