1 (800) 308-4358

Mon-Fri 7am-7pm CST

Choose Bond
Enter Info
Receive Quote

Virginia

$25,000 Passenger Carrier and Passenger Broker Bond

Purchase your bond instantly online when you choose one of the 3 term options below. Save time and money by extending your bond term. Choosing a longer term now means you pay 25% less for your bond each year and forego the annual renewal process.

$250.00

1 year term

$438.00

2 year term - save $62.50!

$625.00

3 year term - save $125.00!

Want your bond emailed to you today? Buy your bond within 5 min

SECURE

Backed by SSL, our online bonding process is secure. We are committed to your privacy.

BEST PRICES

We shop the top surety markets to find you the best rate.

FAST

We’ve streamlined the bonding process to make your experience as fast and easy as possible.

How much does a $25,000 passenger carrier or passenger broker bond cost in Virginia?

Virginia passenger carrier or passenger broker surety bonds cost just $250. A 25% discount is available for subsequent years when multiple years of coverage are purchased. Simply click Buy Now below to visit our secure bond checkout to purchase your bond online today. It only takes a few minutes to be on your way becoming bonded as a passenger carrier or passenger broker in Virginia.

Bond Type
$25,000Passenger Carrier and Passenger Broker Bond

Why do I need this bond?

The Virginia Department of Motor Vehicles requires passenger carriers and passenger brokers to post a $25,000 surety bond prior to conducting business.

By posting Virginia passenger carrier and passenger broker surety bonds, principals (carriers and brokers) pledge to comply with the provisions of Chapter 20 of Title 46.2 of the Code of Virginia. Specifically, these bonds protect any person who suffers financial loss as a result of a principal’s violations of these terms, acts of fraud or unlawful behavior while on the job.

What’s the fine print?

Passenger carrier and broker bonds in Virginia remain in full force until canceled and does not automatically expire with the principal’s license. It remains continuous for a period of three years from the effective date listed on the bond. The surety can cancel this bond at any time by giving written notice of cancellation to the Commissioner of the Department of Motor Vehicles. Cancellation becomes effective 60 days after the commissioner receives the notice.

How to become a passenger carrier in Virginia

To become licensed as a transportation of passengers broker in Virginia, applicants must adhere to the following requirements:

  • Obtain $25,000 surety bond
  • Pay $50 filing fee
  • Pay $3 for duplicate license, if applicable
  • Report new addresses to DMV’s Motor Carrier Services within 30 days
  • Notify DMV in writing within 30 days if applicant goes out of business or stops providing authorized service

To become licensed as a passenger carrier in Virginia, applicants must complete the following:

  • Meet bodily and property damage insurance requirements
  • Obtain $25,000 surety bond
  • Meet registration and license plate requirements
  • Pay $50 filing fee
  • Pay $3 Operating Authority Registration fee per vehicle
  • Pay $3 for a duplicate license, if applicable
  • Report new addresses to DMV’s Motor Carrier Services within 30 days
  • Notify DMV in writing within 30 days if applicant goes out of business or stops providing authorized service

Ready to get started?

Call 1 (800) 308-4358 to talk with a Surety Expert

or