Utah Motor Vehicle Inspection Station Tax Bond Guide
If you’re participating in the “On The SPOT” vehicle registration renewal program for inspection stations in Utah, you’ll need an additional $10,000 bond.
Bond Overview
- Purpose: To guarantee the state receives funds from vehicle registration decal sales
- Who Needs It: Inspection station participants in the “On The SPOT” renewal program
- Regulating Body: The Utah State Tax Commission, Division of Motor Vehicles
- Required Coverage: $10,000
- Premium Rate: $100 for a 1-year term
Learn more in this complete guide.
What Is a Utah Motor Vehicle Inspection Station Tax Bond?
A Utah vehicle inspection station tax bond protects the state from loss if a participating station doesn’t remit funds for electronic vehicle registration decal sales.
It is also referred to as the Utah SPOT renewal bond or Utah SPOT program bond.
How Much Do Inspection Station SPOT Program Bonds Cost in Utah?
The $10,000 bond coverage costs a flat rate of $100 for 1 year. Or, you can select a 3-year term which makes the annual cost just $83.
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does a Utah Inspection Station Tax Bond Work?
On-The-SPOT program bonds hold vehicle inspection stations liable for honestly handling registration decal sales by creating a legal contract between three parties:
- Principal: The inspection station operator participating in the “On The SPOT” program
- Obligee: The Utah Tax Commission, Division of Motor Vehicles
- Surety: The underwriting surety market
If you steal, lose or improperly account for registration decal sales, the state can file claims on the bond for reimbursement.
The surety will validate and pay claims, which you are then responsible for reimbursing.
Who Needs a Motor Vehicle Inspection Station Tax Bond?
Many Utah inspection stations participate in the On-the-SPOT (OTS) vehicle registration renewal program, where vehicle owners can quickly:
- Get a vehicle inspection
- Renew registration
- Get a new plate deal
Participating stations need this $10,000 tax bond to join the OTS program in addition to the standard $10,000 Utah inspection station license bond.
How Fast Can I Get My Bond?
You can get a Utah SPOT program bond in minutes. Just submit your information and purchase online. We’ll email your official bond documentation instantly.
Can I Get Bonded With Bad Credit?
Yes, credit score does not impact your bondability. Utah inspection station tax bonds are available for instant purchase. Everyone pays the same flat rate of $100.
How Do I Renew My Motor Vehicle Inspection Station Tax Bond?
These bonds expire annually. To renew your bond, simply pay the renewal invoice. We’ll do the rest!
The surety can cancel the bond by providing 30-days written notice to the Tax Commission.
