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Call us at 888.610.4474 info@hasslefreesuretybonds.com

Passenger carrier bond cost

The Virginia Department of Motor Vehicles requires passenger carriers and passenger brokers to post $25,000 surety bonds prior to conducting business.We can issues Virginia passenger carrier and passenger broker bonds instantly with no credit check required for just $250!

Contact one of our surety specialists to receive a free, personalized bond quote within 1 business day of applying. Call 888.610.4474, or click here, to begin the bonding process.

Why this bond

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.

Transportation brokers cannot perform the actual transportation of passengers.The surety bond will initially cover all damages suffered by a person up to the full penal sum of the bond, but the principal must reimburse the surety for all damages paid out.Our experts make purchasing the Virginia surety bond you need fast and easy.

Passenger carrier and broker bonds in Virginia remain in full force and effect until canceled. The bond does not automatically expire with the principal’s license, but continues from term to term for a period of 3 consecutive years from the effective date listed on the bond form. 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.

Become a passenger carrier

To become licensed as a transportation of passengers broker in Virginia, applicants must:

  • post a $25,000 surety bond
  • pay the $50 filing fee
  • pay $3 for a duplicate license, if applicable
  • report any and all new addresses to the DMV’s Motor Carrier Services within 30 days
  • notify the DMV in writing within 30 days if the applicant goes out of business/stops providing the authorized service

Become licensed as a passenger carrier

applicants must:

  • meet the bodily and property damage insurance requirements
  • post a $25,000 surety bond
  • meet the registration and license plate requirements
  • pay the $50 filing fee
  • pay the $3 Operating Authority Registration fee per vehicle
  • pay $3 for a duplicate license, if applicable
  • report any and all new addresses to the DMV’s Motor Carrier Services within 30 days
  • notify the DMV in writing within 30 days if the applicant goes out of business/stops providing the authorized service

Take the first step toward becoming licensed in Virginia by purchasing your passenger carrier/broker bond!

Apply for your surety bond

Get a FREE Virginia Passenger Carrier and Passenger Broker Bond Quote Today! Click here to begin