Louisiana Driver Training School Bond Overview
- Purpose: To ensure that driving schools operate honestly and fulfill training services as promised
- Who Needs It: All private driving schools in Louisiana
- Regulating Body: The Office of Motor Vehicles | Training and Certification Unit
- Bond Amount: $20,000
- Minimum Price: $200; credit-based
What Is a Louisiana Driver Training School Bond?
A Louisiana driver training school bond is a type of surety bond required by the Office of Motor Vehicles (OMV). The bond can reimburse students or parents for prepaid fees if a driving school fails to provide instruction as promised.
How Much Do Driver Training School Bonds Cost?
The $20,000 Louisiana driving school bond costs as low as $200 for a two-year term. Exact rates vary from 1% to 10% based on personal credit score. These bonds expire on October 31, so your rate will be prorated based on the purchase date.
Apply for your free, no-obligation quote today.
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does the Bond Work?
A driver training school bond creates a contract between three parties.
| Bond Party | Description |
|---|---|
| 1) Principal | The driver training school owner(s) |
| 2) Obligee | The Louisiana Office of Motor Vehicles | Training and Certification Unit |
| 3) Surety | The issuing surety provider |
As the principal, you promise to uphold the bond contract, including Louisiana Revised Statutes 40:1462 and 1463. If you break laws or regulations, you can become liable for bond claims. The surety validates and pays claims, but the principal must repay the surety.
How Do I Get a Driver Training School Bond in Louisiana?
SuretyBonds.com provides the fastest and easiest way to get a Louisiana driving school bond. Just follow these quick steps:
- Apply: Submit an online quote request form.
- Quote: Receive your quote within one day.
- Sign: Complete the indemnity agreement.
- Buy: Purchase the bond online 24/7.
We’ll mail you the original, physical bond form. Be sure to file the bond with the Office of Motor Vehicles as instructed.
How Fast Can I Get My Bond?
You can select from three-day, two-day and overnight FedEx shipping options at checkout (business days only).
Can I Get Bonded With Bad Credit?
You can often still get the surety bond you need even with a low credit score. However, you may pay a slightly higher premium rate based on the financial risk. The best way to find out is by submitting a quick quote request form.
How Do I Renew My Bond?
These bonds expire after two years. To renew your driving school bond, simply pay your renewal invoice when prompted. Then, file the continuation certificate with the OMV.
We’ll begin contacting you by phone and email 90 days before the expiration date.
How to Get a Driving School License in Louisiana
To open a licensed driving school in Louisiana, you must:
- Be a U.S. citizen or lawful permanent resident
- Be at least 21 years of age
- Hold a valid Louisiana driver’s license
- Have earned at least a high school diploma or GED
- Possess any required occupational license
- Pass a background check
- File a surety bond
- Submit a complete application package
Find more licensing information linked in the resources below.
