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Michigan BDIC sponsor bonds.
$200 flat.

Michigan conditions approval as a basic driver improvement course sponsor on a fixed $20,000 bond filed with the Secretary of State — ours is $200, the price our carrier sets for this specific bond. The bond issues the moment you pay — no credit check.

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Required to be an approved BDIC sponsor under MCL 257.320d, filed with the Secretary of State
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Fixed price, fixed amount — $20,000 bond, $200, no quote process
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Multi-year terms available — set it up once, forget it for up to 3 years
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 Michigan BDIC sponsor bond cost?

$200 at the $20,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

Sponsor bonds are among the simplest in surety. Here's the entire process:

NOW · ONLINE

Apply online

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

MINUTES, USUALLY

Pay & e-sign

Bonds like this are among the thousands of bond types that issue right after purchase.

SAME DAY

File with the Secretary of State

Your executed bond and power of attorney arrive by email, ready to file with your BDIC sponsor approval application. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

A basic driver improvement course (BDIC) is the course an eligible Michigan driver can take to keep certain civil-infraction points off their record. Sponsors that deliver these courses are approved by the Secretary of State, and approval is conditioned on a $20,000 bond.

It's a three-party arrangement: you (the principal), the surety carrier, and the State of Michigan (the obligee). The bond is conditioned to indemnify or reimburse the Secretary of State, or an individual taking the sponsor's course, for monetary loss caused through fraud, cheating, or misrepresentation in the conduct of the sponsor's business.

The bond must stay active for as long as you are an approved sponsor. The surety can cancel only on 30 days' notice to the Secretary of State — so we track it and notify you 60 and 30 days out, keeping your $20,000 filing continuous.

MCL 257.320dMichigan Compiled Laws 257.320d requires a basic driver improvement course sponsor to submit to the Secretary of State a $20,000 security bond, conditioned to indemnify or reimburse the Secretary of State or an individual taking the sponsor's course for monetary loss caused through fraud, cheating, or misrepresentation in the conduct of the sponsor's business. The surety may cancel on 30 days' notice to the Secretary of State.

You need this bond if you're

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Applying to be an approved BDIC sponsor — the bond is filed with your application
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Renewing your sponsor approval and your bond is expiring or your surety non-renewed
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Launching an online BDIC course that the Secretary of State approves as a sponsor
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Reinstating sponsor approval after a lapse that requires a fresh bond
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 $20,000 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 Secretary of State. Your executed bond and power of attorney arrive by email, ready to file with your BDIC sponsor approval application. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $200 at the $20,000 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 Michigan BDIC sponsor bond?The premium is $200 flat — the price our carrier sets for this fixed $20,000 bond, the same for every sponsor. The $20,000 is set by statute (MCL 257.320d), so there is no quote process.
Do I pay the $20,000?No. You pay $200. The $20,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.
What does the bond protect against?It indemnifies the Secretary of State, or a person taking your course, for monetary loss caused through fraud, cheating, or misrepresentation in the conduct of your sponsor business. If the surety pays a claim, you repay the surety.
Is there a credit check?No credit check: the application collects no credit information. Most fixed-amount bonds like this clear without one.
When does it renew?The bond must stay active for as long as you are an approved sponsor. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so your approval 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 sponsor approval today.

$200, no credit check, bond often issued in the same sitting. Free until issued.

Your price$200
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