This bond is required for businesses in Washington, DC that repair consumer goods like appliances, electronics, or other household items. It protects customers if the repair company takes payment but doesn't complete the work, does poor quality repairs, or acts dishonestly. If a customer suffers financial loss due to …
Overview
What it is.
This bond is required for businesses in Washington, DC that repair consumer goods like appliances, electronics, or other household items. It protects customers if the repair company takes payment but doesn't complete the work, does poor quality repairs, or acts dishonestly. If a customer suffers financial loss due to …
Who usually needs it
Consumer Goods Repair businesses operating in the District of Columbia, including auto repair shops and electronics repair businesses that apply for a Vehicular Services License or General Sales and Services License, must obtain this bond as part of their licensing requirements. The bond amount is $2,000 for employers with five or fewer employees and $5,000…
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.
StateDCBond amount$2,000ObligeeDistrict of ColumbiaBond classLicense BondCategoryProfessional ServicesBondDistrict of Columbia Consumer Goods Repair BondJurisdictionStatePlain descriptionThis bond is required for businesses in Washington, DC that repair consumer goods like appliances, electronics, or other household items. It protects customers if the repair company takes payment but doesn't complete th…Who needs this bondConsumer Goods Repair businesses operating in the District of Columbia, including auto repair shops and electronics repair businesses that apply for a Vehicular Services License or General Sales and Services License, mu…
