Utah CDL Third-Party Tester Bond Guide
If you’re launching a third-party testing service for Utah commercial driver licenses, you’ll need a surety bond. Learn all about the bonding process in this guide.
Bond Overview
- Purpose: To ensure CDL testing providers follow state rules
- Who Needs It: All CDL third-party tester licensees
- Regulating Body: The Utah Department of Public Safety (DPS), Driver License Division
- Required Coverage: $5,000 minimum, varies based on school size and expected tuition
- Premium Rate: Starts at 1% of the bond amount
What Is a Utah CDL Third-Party Tester Bond?
A Utah commercial driver license third-party tester bond holds companies financially responsible for following state rules and regulations. You need this bond to receive a Utah CDL tester business license.
How Much Do CDL Third-Party Tester Bonds Cost in Utah?
The Utah DPS will determine your bond coverage requirement between $5,000 and $60,000. Premium rates start at 1% for applicants with good personal credit.
For example, you could pay just $100 for a $10,000 bond. Apply below to get your free quote in less than one business day.
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does a Utah CDL Third-Party Tester Bond Work?
A Utah commercial driver license third-party tester bond creates a legal contract between three parties:
- Principal: The CDL third-party testing provider filing the bond
- Obligee: The Utah DPS, Driver License Division requiring the bond
- Surety: The provider issuing the bond
As the principal, you are financially responsible for upholding the bond terms. If you fail to do so, the obligee or harmed clients can file claims on the bond for reimbursement.
How Do I Get a CDL Third-Party Tester Bond in Utah?
With SuretyBonds.com, you can get your Utah CDL testing provider bond quickly and easily. Just request a free quote, buy online, and file the bond with the DPS Driver License Division.
How Do I Renew My Bond?
To renew your Utah CDL third-party tester bond, pay the renewal invoice and file the continuation certificate with the obligee to extend your bond for another year.
