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Minneapolis towing bonds.
$100 flat.

The City of Minneapolis requires a $10,000 surety bond with a tow truck license, under Chapter 259 of the Minneapolis Code of Ordinances, filed with Licenses and Consumer Services. Ours is $100 flat — the price you see at checkout. No credit check.

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Required for a Minneapolis tow truck license under Chapter 259 of the city ordinances
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Fixed $10,000 amount, $100 flat — no quote process, same price for every operator
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No credit check — the application collects no credit information
A-ratedA.M. Best carriersInstantunderwriting process$100flat premium
Trusted by industry leaders
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Blumenfeld Development Group (BDG)
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McKinney Properties
Terra Capital
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The Georgetown Company
Price

How much does a Minneapolis towing bond cost?

$100 at the $10,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

License bonds are simple. Here is the entire process:

NOW · ONLINE

Apply online

No credit check.

MINUTES, USUALLY

Pay & e-sign

Small fixed-amount license bonds like this issue fast — often right after purchase.

SAME DAY

File with Licenses & Consumer Services

Your executed bond arrives by email, ready to file with the Minneapolis Division of Licenses and Consumer Services for your tow truck license. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the towing bond guarantees

The City of Minneapolis licenses tow truck operators under Chapter 259 of the Minneapolis Code of Ordinances, enforced by the Division of Licenses and Consumer Services within the Department of Regulatory Services. The license is conditioned on a surety bond — $10,000 for this towing / servicing class.

It is a three-party arrangement: you (the principal), the surety carrier, and the City of Minneapolis together with the public (the protected parties). The bond backs your compliance with the city’s towing rules — proper handling of towed vehicles, fees, and consumer protections — and harmed parties can recover against it.

It is not insurance for you — if the surety pays a claim, you repay the surety. The city sets the amount by license class; this towing / servicing bond is the $10,000 figure, which we issue at $100 flat — set by our carrier’s rate book, not a percentage — and no credit check.

Minneapolis Code of Ordinances, Chapter 259 (tow truck licenses)The City of Minneapolis requires a surety bond as a condition of a tow truck license under Chapter 259 of the Minneapolis Code of Ordinances, administered by the Division of Licenses and Consumer Services in the Department of Regulatory Services. The amount is set by license class; we issue the $10,000 motor vehicle towing / servicing amount.

You need this bond if you are

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A tow truck operator licensing to tow or service vehicles in Minneapolis
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Applying for a tow truck license through Licenses and Consumer Services
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Renewing your tow license and posting a fresh bond for the period
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Adding a towing class the city ties to the $10,000 bond amount
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 $10,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The bond runs to January 1 whatever day you buy; the premium covers the period to that date.

Renewal falls on the statutory date, January 1, in the year your term ends.

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 Licenses & Consumer Services. Your executed bond arrives by email, ready to file with the Minneapolis Division of Licenses and Consumer Services for your tow truck license. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $100 at the $10,000 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 Minneapolis towing bond?The premium is $100 flat, set by our carrier’s rate book for this $10,000 bond — not a percentage of the bond amount. Same number for every operator. The $10,000 is set by the city, so there is no quote process.
Do I pay the $10,000?No. You pay $100. The $10,000 is the surety’s maximum liability to the City of Minneapolis and the public if a valid claim is made — it is not a deposit, and nobody holds your money.
Who requires this bond?The City of Minneapolis, under Chapter 259 of the Code of Ordinances, enforced by the Division of Licenses and Consumer Services. No active bond, no tow truck license.
Is there a credit check?No credit check: the application collects no credit information. Most fixed-amount license bonds like this one don’t need it.
Which tow license class does this cover?This is the $10,000 motor vehicle towing / servicing bond. Minneapolis has several tow truck license classes; if your class names a different bond amount, send us the application and we’ll issue the right one.
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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