District of Columbia repossession business bonds.
$250 flat.
A DC auto repossession business files a $25,000 surety bond with the Department of Licensing and Consumer Protection (DLCP) for its vehicular-services license. Ours is $250 flat — issued instantly, identical for every business. One soft credit pull, then we issue.
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How much does a District of Columbia repossession business bond cost?
$250 at the $25,000 amount, the same for every applicant.
Three steps to licensed.
Your repossession-business license is waiting on this bond. Here's the whole process — no broker phone tag:
Apply once, online
Business details, ownership, and effective date — the only extra step is a one-time consent to a soft credit pull.
Approved
Most are approved as soon as you apply. One soft credit pull, never a hard inquiry, and it never affects your score. If it needs a second look, one to two business days at most.
E-sign & file with DLCP
Pay online and receive the executed bond, ready to file with your vehicular-services license application. Wet-ink originals mailed on request.
What it is and who needs it.
What the repossession bond actually covers
The District licenses auto repossession businesses as a vehicular service through the Department of Licensing and Consumer Protection (DLCP), and conditions the license on a $25,000 surety bond for the two-year license period. The bond is a consumer-and-public-protection guarantee standing behind how a repossession business takes and handles vehicles and personal property.
It stands behind your compliance with DC repossession law — recovering vehicles lawfully, safeguarding the personal property inside them, and dealing fairly with the people whose cars are repossessed. If the business causes a loss in violation of that law, a harmed party can recover against the bond up to $25,000.
It is a three-party arrangement: the business (the principal), the surety carrier, and the District (the obligee). It is not insurance for you — if the surety pays a claim, you repay the surety. Note that individual recovery agents post a separate, smaller $5,000 bond; this page is the $25,000 bond for the business entity.
You need this bond if you're
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 $25,000 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
E-sign & file with DLCP. Pay online and receive the executed bond, ready to file with your vehicular-services license application. Wet-ink originals mailed on request.
What sets the price
The premium is fixed at $250 at the $25,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued instantly.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is issued when you pay.
Start the application →Common questions.
Other District of Columbia bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
DLCP is waiting on one document.
$250 flat, short application, bond issued when you pay. Free until issued.