1 (800) 308-4358

Illinois
Second Division Motor Vehicles Installment Bonds

400,000+ Bonds issued to 250,000+ satisfied customers.

Coverage Amount: $500 - $500,000
Term Length: 1 year
Select Bond For Price*
Most Bonds Processed In 24 Hours Or Less
Fast Delivery

Purchase your bond today and select from Next Day, Two Day, or Three Day Shipping.

Best Prices

We shop the top surety markets to find you the best rate.

Secure Checkout

Backed by SSL, our online bonding process is secure. We are committed to your privacy.

Trustpilot

Illinois Second Division Motor Vehicles Installment Bond Guide

If you’re applying for a second division motor vehicles installment registration in Illinois, you’ll likely need this surety bond. 

Bond Overview

  • Purpose: To guarantee payment of second division motor vehicle taxes, fees and penalties
  • Who Needs It: Owners of second division motor vehicles in Illinois
  • Regulating Body: The Illinois SoS Vehicle Services Department, Commercial and Farm Truck Division
  • Required Coverage: $500–$500,000
  • Premium Rate: 2–10%, credit-based

Learn all about the bond requirements and process in this guide. 

What Is an Illinois Second Division Motor Vehicles Installment Bond?

Second division vehicle owners that elect to pay flat weight registration taxes or International Registration Plan fees in installments must file a surety bond. This guarantees funds will be available to cover all sums owed to the state. 

In Illinois, a second division vehicle refers to any vehicle that meets one of the criteria below:

  • Designed to carry more than 10 people (ex. buses)
  • Designed for use as for living quarters (ex. mobile homes)
  • Designed for pulling or carrying freight (ex. trucks, trailers)

You’ll need this bond to participate in the International Registration Plan and/or the Fiscal Year Plan.

How Much Do Second Division Motor Vehicles Installment Bonds Cost?

Illinois second division motor vehicles installment bonds cost a small percentage of the required coverage amount, typically 2–10%.


Exact rates vary based on personal credit score. Apply for your free quote now!

Bond Type
$500-$500,000Second Division Motor Vehicles Installment Bond for International Registration Plan
$500-$100,000Second Division Motor Vehicles Installment Bond for Fiscal Year

SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees. 

How Do I Get My Bond?

SuretyBonds.com provides the fastest and easiest way to get a Illinois second division motor vehicles installment bond. Just follow these quick steps: 

  1. Apply: Submit an online quote request form
  2. Quote: Receive your quote within one day
  3. Sign: Complete the indemnity agreement 
  4. Buy: Purchase the bond online 24/7

We’ll mail you the bond via your preferred shipping method. Be sure to file it with the state as instructed. 

If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance. 

How Does a Illinois Second Division Motor Vehicles Installment Bond Work? 

A second division motor vehicles installment bond creates a legal contract between these three parties: 

  1. Principal: You, the vehicle owner filing the bond
  2. Obligee: The Illinois SoS Vehicle Services Department, Commercial and Farm Truck Division requiring the bond
  3. Surety: The provider issuing the bond

This holds you financially responsible for upholding the provisions of 625 ILCS 5/3-816. 

If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must ultimately refund the surety.

Call 1 (800) 308-4358 to talk with a Surety Expert

or