A Commercial Driving School bond is required for businesses that teach people how to drive in Colorado. This $10,000 bond protects students and the public if the driving school breaks state rules, engages in fraud, or fails to meet its obligations. If students are harmed financially due to the school's wrongdoing, the…
Overview
What it is.
A Commercial Driving School bond is required for businesses that teach people how to drive in Colorado. This $10,000 bond protects students and the public if the driving school breaks state rules, engages in fraud, or fails to meet its obligations. If students are harmed financially due to the school's wrongdoing, the…
Who usually needs it
Owners or operators of Commercial Driving Schools (CDS) in Colorado who provide paid education on operating motor vehicles must obtain this bond when applying for or maintaining CDS Certification with the Driver Testing Education Section of the Motor Vehicle Division. The bond is mandatory for CDS businesses, not individual instructors or other driver educa…
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateCOBond amount$10,000ObligeeState of Colorado Division of Motor VehiclesBond classLicense BondCategoryOtherBondCommercial Driving SchoolPlain descriptionA Commercial Driving School bond is required for businesses that teach people how to drive in Colorado. This $10,000 bond protects students and the public if the driving school breaks state rules, engages in fraud, or f…Who needs this bondOwners or operators of Commercial Driving Schools (CDS) in Colorado who provide paid education on operating motor vehicles must obtain this bond when applying for or maintaining CDS Certification with the Driver Testing…
