This bond is required for businesses in Connecticut that repair or service motor vehicles in a limited capacity. The $10,000 bond acts as a financial safety net that protects customers if the repair shop fails to complete work properly, doesn't honor warranties, or violates state regulations. If a customer suffers fin…
Overview
What it is.
This bond is required for businesses in Connecticut that repair or service motor vehicles in a limited capacity. The $10,000 bond acts as a financial safety net that protects customers if the repair shop fails to complete work properly, doesn't honor warranties, or violates state regulations. If a customer suffers fin…
Who usually needs it
Persons, firms, or corporations seeking to repair motor vehicles under a limited repairer's license issued by the Connecticut Department of Motor Vehicles must obtain this bond to legally engage in motor vehicle repair services, as required by Connecticut General Statutes Chapter 246, Section 14-52.
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.
StateCTBond amount$10,000ObligeeState of ConnecticutBond classLicense BondCategoryMotor VehicleBondConnecticut Limited Motor Vehicle Repairer BondJurisdictionStatePlain descriptionThis bond is required for businesses in Connecticut that repair or service motor vehicles in a limited capacity. The $10,000 bond acts as a financial safety net that protects customers if the repair shop fails to comple…Who needs this bondPersons, firms, or corporations seeking to repair motor vehicles under a limited repairer's license issued by the Connecticut Department of Motor Vehicles must obtain this bond to legally engage in motor vehicle repair …
