A North Carolina Driver Training School Bond is a type of surety bond required by the North Carolina Division of Motor Vehicles (NCDMV) for individuals or businesses operating a driver training school. The bond amount varies (scroll down) and the cost of the surety bond is usually 1% to 3% of the bond amount subject to the minimum premium and fees of $150.00.
How to Get a North Carolina Driver Training School Bond
At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:
- Complete the easy to navigate and secure online application. 1
- Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
- Sign some paperwork and pay the bond premium
Once these steps have been completed, the North Carolina Driver Training School Bond will be shipped to the bond applicant.
1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.
Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier online provider of surety bonds nationwide since 2003.
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What is the Bond Amount?
The required bond amount for a North Carolina driver training school depends on the type of school:
- Commercial Driver Training Schools
- $20,000 bond is typically required for commercial driver training schools.
- Truck Driver Training Schools
- $10,000 bond is required for truck driver training schools offering seminar training.
- $30,000 bond is required for truck driver training schools offering courses of instruction of 160 hours or more.
It’s important to note that these are general guidelines. There might be specific circumstances or additional requirements that could affect the bond amount.
Always verify the exact bond amount with the North Carolina Division of Motor Vehicles (NCDMV) before applying for a license.
How to Get Your North Carolina Driver Training School Bond
- Complete an online application. It’s free and no-obligation.
- One of our surety experts will contact you with a firm quote and an agreement to sign.
- Provide payment and your signed agreement, and then you will receive your Surety Bond!
If you have any questions, please call us at 877-654-2327.
Surety1 was founded in 2003 and helps thousands of clients find the best prices on their surety bonds. We take pride in our work so that we can give you great service. Learn more about Surety1.