Michigan Third Party Testing Organization Bond Guide
If you’re applying for a third-party testing license in Michigan, you’ll likely need this surety bond.
Bond Overview
- Purpose: To hold CDL testing providers accountable for upholding state and federal regulations
- Who Needs It: CDL third-party testers, examiners and driving schools in Michigan
- Regulating Body: The Michigan Department of State
- Required Coverage: $5,000 per examiner
- Premium Rate: 0.75–3% based on credit score
Learn all about the bond requirements and process in this guide.
What Is a Michigan Third Party CDL Testing Organization Bond?
A Michigan third party testing organization bond is required for companies to become certified third-party testers for Commercial Driver's License (CDL) exams. You need $5,000 coverage per examiner.
These surety bonds ensure that third-party testers comply with state regulations and provide honest and accurate assessments.
How Much Do Third Party Testing Organization Bonds Cost in Michigan?
Michigan third party testing organization bonds cost a small percentage of the required bond amount, typically 0.75–3% based on credit score.
Exact rates vary based on personal credit score. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a CDL Third Party Testing Organization Bond?
The Michigan Department of State requires this bond as part of the licensing process for all third-party testers in the state.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Michigan third party CDL testing organization 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 bond via your preferred shipping method. Be sure to file the bond with the Department of State as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Michigan Third Party Testing Organization Bond Work?
As with all surety bonds, a third party testing organization bond creates a legal contract between three parties:
- Principal: You, the CDL third-party tester filing the bond
- Obligee: The Michigan Department of State requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of the Michigan Vehicle Code Chapter III.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your third party testing organization bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.