DC repossession business bonds.
$750 flat. Soft pull.

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 $750 flat — 3% of the bond amount, identical for every business. One soft credit pull, then we issue.

Required for a DC vehicular-services (auto repossession) license through DLCP
Fixed $25,000 bond, $750 flat — this is the business bond, not the $5,000 individual bond
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 licensed.

Your repossession-business license is waiting on this bond. Here's the whole process — no broker phone tag:

TODAY · 5 MINUTES

Apply once, online

Business details, ownership, and effective date — the only extra step is a one-time consent to a soft credit pull.

WITHIN 48 HOURS

Reviewed & approved

Most 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 DLCP

Pay online and receive the executed bond, ready to file with your vehicular-services license application. Wet-ink originals mailed on request.

The whole pricing page.

$25,000 bond × 3% = $750, one-time per term. Fixed amount, fixed price, multi-year if you want it.

1-year term
$750
2-year term
$1,500
3-year term
$2,250
About this bond

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.

DC vehicular-services licensing — DLCPDistrict of Columbia auto repossession businesses are licensed by the Department of Licensing and Consumer Protection and must post a $25,000 surety bond (or cash bond) for the two-year license period. Individual recovery agents post a separate $5,000 bond. Confirm whether you need the business bond, the individual bond, or both on your DLCP application.

You need this bond if you're

Applying for a DC auto repossession business license through DLCP
Renewing your vehicular-services license whose prior bond is expiring
Operating a recovery company that repossesses vehicles in the District
The business entity — not the individual agent, who posts the $5,000 bond

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.

How much is the DC auto repossession business bond? +
The premium is $750 — a flat 3% of the fixed $25,000 bond amount, the same for every business. The $25,000 is set by DLCP for the license, so there is no quote process.
What’s the difference from the $5,000 bond? +
The $25,000 bond is for the auto repossession business entity. Individual recovery agents post a separate $5,000 bond for their personal vehicular-services license. If you need the individual bond instead, or both, tell us.
Do I pay the $25,000? +
No. You pay $750. The $25,000 is the surety's maximum liability if a valid claim is made — not a deposit, and nobody holds your money.
Is there a credit check? +
Yes — one soft credit pull, which never affects your score. It informs approval, not price: the rate is a flat 3% either way. Credit can affect whether we approve the bond, never what it costs.
Who requires it? +
The Department of Licensing and Consumer Protection (DLCP) requires it as a condition of a vehicular-services (auto repossession) license. No active bond, no license.
Related bonds

Other New York bonds.

DLCP is waiting on one document.

$750 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.

Your premium @ 3%$750
Apply now →