MN fleet installment bonds.
From $100. Enter your amount.
When a Minnesota fleet operator pays its registration fees on a deferred or installment basis through Driver and Vehicle Services, the state can require a bond securing the unpaid fees. The premium is 1% of your bond amount, $100 minimum; enter the amount DVS set and your exact price appears at the application.
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Apply to filed in one sitting.
No underwriting queue for the standard fleet bond — enter your amount, pay, and file with DVS. Here is the whole thing:
Apply online
Your business details, the bond amount DVS required, and the effective date — that is the entire application.
Issued on the spot
No credit fields in the application, and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick underwriting review.
File with DVS
Submit the executed bond with your fleet registration / installment paperwork. Wet-ink originals mailed whenever the state insists.
What it is and who needs it.
What the fleet installment bond covers
Minnesota lets qualifying fleets register under a single fleet account through Driver and Vehicle Services, under Minn. Stat. Chapter 168 (including the fleet registration provisions at section 168.127). Where DVS allows a fleet operator to pay its registration fees on a deferred or installment schedule, it can require security for the fees that are not yet paid.
This bond is that security. It stands behind the registration fees the operator owes but is paying over time, so the state is protected if an installment is missed. The amount is set by DVS based on the fees being deferred across your fleet.
If a fleet operator fails to pay the deferred fees, the state can recover against the bond — and if the surety pays, the operator repays the surety. Because the precise mechanics are administered by DVS, confirm your required amount on your fleet paperwork; we then issue it with pricing from $100 and no credit fields in the application.
You need this bond if you are
One application, issued on the spot.
Submit the application with the bond amount DVS set — the executed fleet bond is generated instantly, ready to file.
Start the application →Common questions.
Other Minnesota bonds.
Fleet bond, issued today.
Pricing from $100. Enter the amount DVS set and file the same day.