Thank you for maintaining your uniform vehicle dealer surety bond through DIA. Our bonds are underwritten by Merchants Bonding Company, which has a strong history in bonding and is a company we trust.
We remind dealers that the Secretary of State increased the required surety bond amount to $25,000, effective when a bond or dealer license is renewed in 2023 and after. The Michigan Department of State (MDOS) will not renew a dealer license without the $25,000 surety bond.
To maintain compliance with new dealer licensing regulations, uniform vehicle dealer surety bonds must be increased in value from $10,000 to $25,000 – even if the bond is in the middle of a multi-year term length. Following are the fees to continue or renew DIA bonds at the required $25,000 value. Please see your invoice from MADA/DIA for more information on your bond situation.
Bond Endorsement Upgrade (mid-term increase)
Standard Bond Renewal (bond expiring 12/31/23)
We are pleased to offer an additional convenience to our members, with online renewal of your DIA bond.
Please reference the ID # on your DIA invoice to make your payment by credit card.
Questions can be directed to the MADA office at (800) 292-1923. Thank you.