Surety Bond - Motor Vehicle: Dealer, Repairer/Limited Repairer, or Leasing/Renting Co.
Any person, firm, or corporation engaging in the business of repairing motor vehicles, including general repairers and limited repairers. Required when: Required as a condition of obtaining or renewing a motor vehicle repairer or limited repairer license. Exemptions: Persons engaged solely in repairs to tires, upholst…
Overview
What it is.
Any person, firm, or corporation engaging in the business of repairing motor vehicles, including general repairers and limited repairers. Required when: Required as a condition of obtaining or renewing a motor vehicle repairer or limited repairer license. Exemptions: Persons engaged solely in repairs to tires, upholst…
Who usually needs it
Any person, firm, or corporation engaging in the business of repairing motor vehicles, including general repairers and limited repairers.
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$25,000 for a Motor Vehicle General Repairer license; $10,000 for a Motor Vehic…Term lengthContinuousObligeeConnecticut Department of Motor Vehicles, Dealers and Repairers UnitRenewalThe bond must be maintained continuously for the duration of the biennial license term. Proof of renewal or a bond rider must be submitted to the DMV during the biennial license renewal process.Bond classLicense BondCategoryMotor VehicleBondSurety Bond - Motor Vehicle: Dealer, Repairer/Limited Repairer, or Leasing/Renting Co.Statutory referenceConnecticut General Statutes Section 14-52JurisdictionState
