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Minnesota
IFTA and International Registration Plan Bond

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Coverage Amount: $1,000 - $100,000
Term Length: 1 year
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Minnesota IFTA and International Registration Plan Bond Guide

If you’re a motor carrier operating in and out of Minnesota state lines, you’ll likely need this surety bond. 

Bond Overview

  • Purpose: To guarantee tax payments and legal operations by interstate motor carriers 
  • Who Needs It: Motor carriers operating across state lines 
  • Regulating Body: The Minnesota Department of Public Safety, Driver and Vehicle Services
  • Required Coverage: $5,000 for each truck in the account
  • Premium Rate: 1–10%, credit-based

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

What Is a Minnesota IFTA and International Registration Plan Bond?

Minnesota International Fuel Taxation Agreement (IFTA) and International Registration Plan (IRP) bonds protect the state if a motor carrier fails to pay taxes or uphold contract terms and agreements.

How Much Do IFTA and IRP Bonds Cost in Minnesota?

Minnesota IFTA and international registration plan bonds cost a small percentage of the bond amount, typically 1–10%.


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

Bond Type
$1,000-$100,000IFTA and International Registration Plan Bond

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

Who Needs an IFTA and International Registration Plan Bond? 

Minnesota Driver and Vehicle Services (DVS) requires this bond as part of the registration process for motor carriers participating in the International Fuel Taxation Agreement (IFTA) and/or International Registration Program (IRP). 

How Do I Get My Bond?

SuretyBonds.com provides the fastest and easiest way to get a Minnesota IFTA and IRP 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 email you the bond shortly after purchase. Be sure to file the bond with the DVS as instructed. 

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

How Does a Minnesota IFTA/IRP Bond Work? 

As with all surety bonds, an IFTA or IRP bond creates a legal contract between three parties: 

  1. Principal: You, the motor carrier filing the bond
  2. Obligee: The Minnesota DPS’ Driver and Vehicle Services requiring the bond
  3. Surety: The provider issuing the bond

This holds you financially responsible for paying state taxes and upholding license regulations. 

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 IFTA and international registration plan bond, simply pay your renewal invoice when prompted. 

We’ll begin contacting you by phone and email 90 days before the expiration date. 

More Resources

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