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Colorado salesperson bonds.
$100 flat.

Colorado requires every licensed motor vehicle or powersports salesperson to file a $15,000 bond with the Auto Industry Division. Ours is $100 flat, set by our carrier's rate book for this specific bond — the price you see is the checkout price. The bond issues the moment you pay — no credit check.

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Required for your salesperson license — motor vehicle or powersports, through the Auto Industry Division
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Fixed amount, fixed price — $15,000 bond, $100, no quote process
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Multi-year terms available — set it once and keep your license backed
A-ratedA.M. Best carriersInstantunderwriting process1–3 yrterms available
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a Colorado salesperson bond cost?

$100 at the $15,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

License bonds are the simplest thing in surety. Here's the entire process:

NOW · ONLINE

Apply online

Business details and an effective date. That is the application. No credit check.

MINUTES, USUALLY

Pay & e-sign

Fixed-amount license bonds like this are among the thousands of bond types that issue right after purchase.

SAME DAY

File with the Auto Industry Division

Your executed bond (form DR 2831) arrives by email, ready to file with your salesperson license application. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

Colorado licenses motor vehicle and powersports salespeople through the Department of Revenue's Auto Industry Division and the Motor Vehicle Dealer Board. Before a salesperson license issues, the applicant must file a $15,000 surety bond (or an equivalent deposit) approved as to form by the attorney general.

The bond is a consumer-protection guarantee: it is a three-party arrangement between you (the principal), the surety, and the state and harmed buyers as the protected parties. If a salesperson violates Colorado’s vehicle sales laws and a buyer is harmed, the buyer can recover against the bond.

It is separate from the dealer's $50,000 bond. The salesperson bond covers you individually; the dealership carries its own bond. The surety's aggregate liability for any one license year is capped at $15,000 — and if the surety pays a claim, you repay the surety.

C.R.S. 44-20-113 & 44-20-413 (form DR 2831)Colorado motor vehicle salespersons (C.R.S. 44-20-113) and powersports vehicle salespersons (C.R.S. 44-20-413) must file a $15,000 surety bond — or an equivalent savings deposit or CD under C.R.S. 11-35-101 — with the Auto Industry Division before a license issues. The bond is filed on form DR 2831 and the surety’s aggregate liability for any one license year is capped at the bond amount.

You need this bond if you're

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Applying for a CO salesperson license — motor vehicle or powersports
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Renewing your salesperson license and your bond is expiring
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Switching dealerships and need your individual bond on file
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New to vehicle sales and getting licensed for the first time
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the $15,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

File with the Auto Industry Division. Your executed bond (form DR 2831) arrives by email, ready to file with your salesperson license application. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $100 at the $15,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.

No credit check.

One application, issued instantly.

These are the actual issuing fields. No credit check.

Start the application →
FAQ

Common questions.

How much is the Colorado salesperson bond?The premium is $100, set by our carrier for this specific $15,000 bond — the same for every salesperson. The $15,000 is set by statute, so there is no quote process.
Do I pay the $15,000?No. You pay $100. The $15,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.
Is this the same as the dealer bond?No. The salesperson bond is $15,000 and covers you individually; the dealership carries a separate $50,000 dealer bond. Both are filed with the Auto Industry Division.
Is there a credit check?No credit check: the application collects no credit information. Most applications on small fixed-amount license bonds like this one approve instantly.
When does it renew?The bond must stay active for as long as you hold the license. Buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so your license never lapses over a missed email.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
Related bonds

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Been told you need a different amount?

Price and requirements checked on the carrier’s application, . Page updated .

Finish your salesperson license today.

$100 flat, no credit check, bond often issued in the same sitting. Free until issued.

Your price$100
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