CO salesperson bonds.
$450. Five minutes.

Colorado requires every licensed motor vehicle or powersports salesperson to file a $15,000 bond with the Auto Industry Division. Ours is $450 flat, which is 3% of the bond amount. The application is five minutes, with no credit check on this bond.

Required for your salesperson license — motor vehicle or powersports, through the Auto Industry Division
Fixed amount, fixed price — $15,000 bond, $450, no quote process
Multi-year terms available — set it once and keep your license backed
A-ratedA.M. Best carriersFastoften same purchase1–3 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. One sitting.

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

NOW · 5 MINUTES

Apply online

Business details and an effective date. That's the application — no financials, no credit check section, no follow-up scavenger hunt.

MINUTES, USUALLY

Pay & e-sign

Fixed-amount license bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.

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.

The whole pricing page.

$15,000 bond × 3% = $450, one-time per term. Fixed amount, fixed price, multi-year if you want it.

1-year term
$450
2-year term
$900
3-year term
$1,350
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

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

Five minutes. The whole thing.

These are the actual issuing fields — no credit check section, because this bond doesn't have one.

Start the application →
FAQs

Common questions.

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

How much is the Colorado salesperson bond? +
The premium is $450 — a flat 3% of the $15,000 bond amount, 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 $450. 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? +
Not on this bond — the application has no credit section at all. Small fixed-amount license bonds like this one don't need one.
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.
Related bonds

Other New York bonds.

Finish your salesperson license today.

$450 flat, five-minute application, bond often issued in the same sitting. Free until issued.

Your premium @ 3%$450
Apply now →