CO towing carrier bonds.
$1,500 flat. Soft pull.

Colorado requires a towing carrier to file a $50,000 surety bond with the Public Utilities Commission to guarantee payment of civil penalty assessments. Ours is $1,500 flat — 3% of the bond amount. One soft credit pull, e-signed in 1–2 business days.

Required for a PUC towing carrier permit under C.R.S. 40-10.1-401(3)
Fixed amount, fixed price — $50,000 bond, $1,500, no quote theater
Soft credit pull only — never affects your score, and the rate stays 3% either way
A-ratedA.M. Best carriers1–2 daystypical issuance1–3 yrterms available
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps to permitted.

Your towing permit is waiting on this bond. Here's the entire process — no broker phone tag:

TODAY · 5 MINUTES

Apply once, online

Business details, owner information, effective date. That is the application — the only extra step is a one-time consent to a soft credit pull.

WITHIN 48 HOURS

Reviewed & approved

Most of these clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The credit check is a soft pull that never affects your score.

1–2 BUSINESS DAYS

E-sign & file with the PUC

Pay online and receive the executed bond ready to file with your towing carrier permit at the Public Utilities Commission. Wet-ink originals mailed when the state insists.

The whole pricing page.

$50,000 bond × 3% = $1,500, one-time per term. Fixed amount, fixed price, multi-year if you want it.

1-year term
$1,500
2-year term
$3,000
3-year term
$4,500
About this bond

What it is and who needs it.

What the bond actually guarantees

Colorado regulates towing carriers through the Public Utilities Commission (PUC). A towing carrier — including carriers that perform nonconsensual tows from private property — must file a $50,000 surety bond as a condition of its permit.

This is a civil-penalty-assessment bond: under C.R.S. 40-10.1-401(3), it guarantees payment of a civil penalty assessment the carrier fails to pay when due. The surety’s yearly aggregate liability is capped at the bond amount, regardless of how many claims arise.

It is not insurance for you — if the surety pays a penalty the PUC assessed, you repay the surety. Carriers that follow the towing rules and pay assessments on time treat the bond as a permit formality. The bond is separate from the liability and cargo insurance the PUC also requires.

C.R.S. 40-10.1-401(3) (Public Utilities Commission)Under C.R.S. 40-10.1-401(3), a Colorado towing carrier must file a $50,000 surety bond with the Public Utilities Commission to guarantee payment of civil penalty assessments the carrier fails to pay when due. The surety’s yearly aggregate liability is capped at the bond amount. The PUC regulates towing carriers, including nonconsensual tows, with rules at 4 CCR 723-6.

You need this bond if you're

Applying for a PUC towing carrier permit in Colorado
Performing nonconsensual tows from private property
Renewing your towing permit and your bond is expiring
Adding towing operations to a motor carrier or recovery business

Five minutes. The whole thing.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

Do I pay the $50,000? +
No. You pay $1,500 — the flat 3% of the bond amount. The $50,000 is the surety's maximum liability to the PUC for unpaid civil penalty assessments; it is not a deposit, and nobody holds your money.
Who requires this bond? +
The Colorado Public Utilities Commission requires it of towing carriers under C.R.S. 40-10.1-401(3), to guarantee payment of civil penalty assessments. No bond, no permit.
What does the bond guarantee? +
That you pay civil penalty assessments the PUC imposes when they come due. If you do not and the surety pays, you repay the surety. The surety’s liability in any year is capped at the $50,000 bond amount.
Is there a credit check? +
Yes — one soft credit pull, which never affects your score. It is the only extra step beyond the application, and it informs approval, not price. The rate is a flat 3% either way.
When does it renew? +
The bond must stay active for your towing permit to stay valid. Terms run 1, 2, or 3 years; we send renewal notices 60 and 30 days out, with autopay available.
Related bonds

Other New York bonds.

The PUC is waiting on one document.

$1,500 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.

Your premium @ 3%$1,500
Apply now →