CT leasing & rental bonds.
$450 flat. Five minutes.
Connecticut requires a motor vehicle leasing or rental licensee to file a $15,000 bond with the DMV (form K-158) under C.G.S. 14-15. Ours is $450 flat — 3% of the bond amount, identical for every licensee, with no credit check on this bond.
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Three steps. One sitting.
License bonds are the simplest thing in surety. Here's the entire process:
Apply online
Business details and an effective date. That is the application — no financials, no credit check section.
Pay & e-sign
License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
File with the DMV
Your executed bond (form K-158) arrives by email, ready to file with your leasing or rental 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.
What it is and who needs it.
What the bond actually guarantees
Connecticut licenses motor vehicle leasing and rental companies through the DMV under C.G.S. 14-15. A company that leases or rents vehicles for periods of thirty days or more must file a $15,000 surety bond on form K-158 as a condition of the license.
The bond is a compliance guarantee: it is conditioned on the licensee following the state and federal laws and regulations governing the leasing and rental business. If the licensee violates those laws and someone is harmed, the harmed party can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. Note the DMV also requires proof of financial responsibility (a separate insurance certificate) alongside this bond; the two are different filings.
You need this bond if you're
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 →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Connecticut leasing or rental bond? +
Do I pay the $15,000? +
Is this the same as the dealer or repairer bond? +
Is there a credit check? +
When does it renew? +
Other New York bonds.
The DMV is waiting on one document.
$450 flat, five-minute application, bond often issued in the same sitting. Free until issued.