Tennessee Department of Transportation Surety Bond
A Tennessee Department of Transportation Surety Bond is a financial guarantee required for businesses or contractors working with Tennessee's transportation department. This bond protects the state by ensuring that contractors follow the rules, complete their work properly, and meet all contract obligations related to…
Overview
What it is.
A Tennessee Department of Transportation Surety Bond is a financial guarantee required for businesses or contractors working with Tennessee's transportation department. This bond protects the state by ensuring that contractors follow the rules, complete their work properly, and meet all contract obligations related to…
Who usually needs it
Vehicle owners or principals in Tennessee seeking a certificate of title without proper ownership documentation (e.g., no bill of sale or prior title) for vehicles, motorcycles, trailers, campers, golf carts, or manufactured/mobile homes less than 30 years old with a fair market value over $3,000. This includes cases where vehicles were never titled or regi…
Pricing & timing
What to expect.
Generic pricing
Miscellaneous commercial bonds cover a wide range of business obligations not fitting other categories. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger 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. Pricing varies by specific bond type and requirements. Some miscellaneous bonds may price higher depending o…
Typical timeframe
Credit-based approval — varies by bond type
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.
StateTNBond amountVaries by license type or projectObligeeTennessee Department of TransportationBond classMiscellaneous CommercialCategoryOtherBondTennessee Department of Transportation Surety BondPlain descriptionA Tennessee Department of Transportation Surety Bond is a financial guarantee required for businesses or contractors working with Tennessee's transportation department. This bond protects the state by ensuring that cont…Who needs this bondVehicle owners or principals in Tennessee seeking a certificate of title without proper ownership documentation (e.g., no bill of sale or prior title) for vehicles, motorcycles, trailers, campers, golf carts, or manufac…
