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Minnesota IFTA & IRP bonds.
From $100.

The bond Minnesota Driver and Vehicle Services can require from a motor carrier as a financial guarantee for the fuel tax and registration fees it collects under the International Fuel Tax Agreement (IFTA) and International Registration Plan (IRP). The state sets the amount; priced at 2% of the bond amount, $100 minimum.

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Required when Driver and Vehicle Services asks for a guarantee on an IFTA or IRP account
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Amount set by DVS — often tied to the number of trucks in the account or your tax history
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From $100 — enter the required amount and see your exact price at the application
2% of bond amount$100 minimumInstantapproval for mostNo credit check up to $10,000above that, a soft pull at most, never a hard inquiry
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 Minnesota IFTA & IRP bond cost?

2% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

No underwriting queue for the standard fuel-tax bond — enter your amount, pay, and file with Driver and Vehicle Services. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the bond amount the state required, and the effective date — that is the application.

INSTANTLY

Issued on the spot

No credit check up to $10,000. Above $10,000, a soft pull may add a short review.

SAME DAY

File with Driver and Vehicle Services

Submit the executed bond to satisfy your IFTA or IRP account requirement. Wet-ink originals mailed whenever the state insists on them.

About this bond

What it is and who needs it.

What the fuel-tax bond actually covers

Minnesota participates in the International Fuel Tax Agreement (IFTA) and the International Registration Plan (IRP), administered by Driver and Vehicle Services. Both let interstate motor carriers report and pay fuel-use tax and apportioned registration through a single base-state account. Most carriers never need a bond.

Driver and Vehicle Services can require a bond as a financial guarantee — typically for a new account, or when a carrier's filing history warrants it. The bond stands behind the fuel tax and fees the carrier collects or owes; if the carrier fails to remit, the state can recover against it.

The amount is set by Driver and Vehicle Services, often tied to the number of vehicles in the account. Whatever figure DVS names on your notice, pricing starts from $100 — no credit check up to $10,000, and same honest pricing as every bond we write.

Minnesota DVS — IFTA / IRPMinnesota administers IFTA and IRP through the Department of Public Safety, Driver and Vehicle Services. A surety bond is not always required, but DVS can require one as a financial guarantee for an IFTA or IRP account — often tied to the number of vehicles in the account or the carrier's filing history. Confirm the required amount on your DVS notice.

You need this bond if you are

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A motor carrier Driver and Vehicle Services has asked to post a financial guarantee
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Opening a new IFTA or IRP account that DVS wants bonded before issuing
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Reinstating an account after a filing issue triggered a bond requirement
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Adding vehicles to an account where the bond amount scales with the fleet
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 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.

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 Driver and Vehicle Services. Submit the executed bond to satisfy your IFTA or IRP account requirement. Wet-ink originals mailed whenever the state insists on them.

What sets the price

The premium is 2% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.

No credit check up to $10,000. Above that, the carrier may run a soft pull, which never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application, issued on the spot.

Submit the application with the bond amount Driver and Vehicle Services set — no credit check up to $10,000, and the executed bond is generated instantly for most applicants, ready to file.

Start the application →
FAQ

Common questions.

How much is the Minnesota IFTA and IRP bond?The premium is 2% of the bond amount, $100 minimum — priced by amount, not a credit tier. The amount itself is set by Driver and Vehicle Services — often tied to the number of vehicles in your account. Enter the figure on your notice and apply to see your exact price.
Do I always need this bond?No. Most IFTA and IRP carriers never post a bond. Driver and Vehicle Services requires one mainly for a new account or when a carrier's filing history indicates a financial guarantee is warranted.
Is there a credit check?No credit check up to $10,000. Above that, the carrier may run a soft pull, which never affects your score. Most applications approve instantly.
What does the bond guarantee?That you remit the fuel tax and registration fees due on your IFTA or IRP account. If you fail to, the state can recover against the bond — and if the surety pays, you repay the surety.
Where do I file it?With Minnesota Driver and Vehicle Services, which administers IFTA and IRP. We issue the executed bond ready to submit with your account.
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.
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Price and requirements checked on the carrier’s application, . Page updated .

IFTA & IRP bond, issued today.

Pricing from $100. Enter the amount the state required and file the same day.

Your premiumfrom $100
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