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Colorado Driver Training School Bond

How much does a driver training school bond cost in Colorado?

The Colorado Department of Revenue’s Division of Motor Vehicles requires commercial driver training schools to post $10,000 surety bonds. The required bond amount increased from $2,500 in June of 2014.

These bonds are subject to underwriting, so the price you’ll pay for your bond depends on a review of your personal credit report. Qualified applicants could pay as low as 1% of the required bond amount, or just $100. Bad credit? No problem! The experts at SuretyBonds.com can help you get the bond you need quickly, easily and accurately. Request your free bond quote now!

Bond Type Bond Amount Cost by Credit Score*
680 and up 679 - 600 599 or lower
Driver Training School Bond $10,000 Starts at $100 $400-800 $1,000+ Apply Now
*The bond premium rate quotes provided to you through this website are for pricing comparisons and quotation estimate purposes only. The bond rate quotes provided are based on general assumptions that may or may not be applicable to you and are subject to change at any time. These rate quotes do not constitute an offer of insurance, nor is any contract, agreement, or bond coverage implied, formed or bound by the provision of rate quotes. Bondability, final bond premium rate quotes and an offer of insurance, if any, will be determined by the insurance company providing your bond. You must contact us directly to obtain a quote for binding purposes.

Call 1 (800) 308-4358, or click here, to connect with our team of bond experts. We can provide your free surety bond quote within 1 business day of submitting your application!

Why do I need this bond?

Colorado driver training school bonds are put in place to ensure that consumers harmed as a result of a principal’s (driver training school’s) unethical and unlawful business practices are compensated for losses up to the full penal sum of the bond.

Unethical acts covered by this bond include, but are not limited to:

  • practicing as a driver training school or as an instructor without holding a valid license
  • performing any act or function that is restricted by statute or regulation
  • willfully refusing to provide the department with information or records required or requested
  • asserting or implying that every student will pass the state driver’s license examination
  • transacting or soliciting driver training school business on property owned, leased or maintained by the department
  • falsifying forms, certificates or other documents for use by students to obtain a driver’s license
  • creating false identification for any individual
  • providing instruction at a site not formally approved by the department
  • and more

Ready to get bonded? Our experts make purchasing the surety bond you need fast and easy. Get started now!

What’s the fine print?

Driver training school bonds in Colorado run continuously unless otherwise canceled by the surety or the principal. If the surety chooses to terminate the bond, a written notice prior to cancellation must be given to the obligee.

How to become a commercial driving school

To become certified as a commercial driving school in Colorado, applicants must:

  • provide proof of current and valid vehicle insurance, vehicle registration, general liability insurance and worker’s compensation insurance
  • maintain a surety bond executed by a surety company authorized to do business in Colorado in the amount of $10,000
  • and more

Applicants should visit Colorado’s Department of Revenue Division of Motor Vehicles website for more licensing information.

Take the first step toward becoming licensed in Colorado by purchasing the surety bond you need!

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Get a FREE Driver Training School Bond Quote Today!

Code of Colorado Regulations Secretary of State State of Colorado Department of Revenue Division of Motor Vehicles Rules for Commercial Driving Schools and/or Approved Driver Education Courses, Including the Basic Operator’s Driving Skill Testing (Bost) Program

Surety Bond Insider Colorado increases surety bond requirement for driver training schools

Colorado Secretary of State Code of Colorado Regulations

Colorado Department of Revenue Division of Motor Vehicles

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