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Missouri vehicle & marine craft leasing bonds.
$1,000 flat.

A Missouri lease and rental fleet operator files a $100,000 surety bond with the Department of Revenue, submitted as an original with Form 901. Under § 144.070.6, RSMo, every applicant to be a registered fleet owner must furnish it. Ours is $1,000 flat.

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Required of every registered fleet owner under § 144.070.6, RSMo — filed as an original with DOR Form 901
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Fixed price, fixed amount — $100,000 penal sum, $1,000 flat, no quote process
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Multi-year terms available — the lease/rental permit runs on a two-year cycle, so set the bond up once
A-ratedA.M. Best carriersInstantissuance at checkout$1,000 flatsame price at checkout
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 Missouri vehicle & marine craft leasing bond cost?

$1,000 at the $100,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

The bond is the one piece of the Form 901 packet you can finish online today, while the sales tax license copy and the insurance policy copy come together. Here is the entire process:

NOW · ONLINE

Apply online

Company details, ownership, an effective date, and a term. Any credit screen on this bond is a soft pull that never shows up as a hard inquiry, and the price does not move either way.

INSTANTLY

Pay & e-sign

This bond is checkout-priced at $1,000 flat, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.

SAME DAY

File with the Motor Vehicle Bureau

The Department of Revenue wants the ORIGINAL bond in the Form 901 packet, so the wet-ink original goes in the mail to you the same day the PDF lands in your inbox. It is filed with the Lease/Rental Registration Desk in Jefferson City alongside your sales tax license copy, insurance policy copy, and fees.

About this bond

What it is and who needs it.

What the fleet bond actually guarantees

Missouri does not want a leased vehicle taxed twice. A company that rents or leases motor vehicles, trailers, boats, or outboard motors exclusively for lease or rental purposes — never for resale — may apply to the Director of Revenue under § 144.070.5, RSMo for authority to operate as a leasing or rental company, and then elect to collect and remit sales tax on the amount charged under each lease or rental agreement instead of paying it up front at titling. That election is all-or-nothing across the units held for lease or rental. The permit application is Form 901, and § 144.010.1(7) defines a motor vehicle leasing company as one that holds it.

The $100,000 bond is a narrower requirement than the permit itself. Form 901 asks for a corporate surety bond or an irrevocable letter of credit only from the Lease and Rental Fleet class — the operators who take fleet plates instead of registering each unit individually. § 301.032.6(1) opens that door to a person, company, or corporation renting or leasing 3,500 or more motor vehicles used exclusively for rental or leasing and not for resale, and § 144.070.6 attaches the bond to the fleet-owner application. If you are filing Form 901 for plain lease or rental authority and not taking fleet plates, check the Type of Operation box before you buy — you may not need this bond at all.

It is a three-party instrument: you (the principal), the surety carrier, and the State of Missouri (the obligee), executed for the benefit of all aggrieved parties. The bond indemnifies any loss caused by acts that would be grounds to suspend or revoke the registered fleet owner license, and the Department releases proceeds only on receipt of a final judgment from a Missouri court of competent jurisdiction against you in an aggrieved party's favor — the surety's aggregate exposure never exceeds the penal sum. It is not insurance for you: if the surety pays, you repay the surety. Lease/rental permits expire December 31 on a two-year cycle, so we track the term and send renewal notices 60 and 30 days out.

§ 144.070.6, RSMo · § 301.032.6–10 · DOR Form 901Subsection 6 of section 144.070, RSMo requires every applicant to be a registered fleet owner, as described in subsections 6 to 10 of section 301.032, to furnish with the application a corporate surety bond or an irrevocable letter of credit as defined in section 400.5-102, issued by any state or federal financial institution, in the penal sum of one hundred thousand dollars, on a form approved by the department. The bond is conditioned on the registered fleet owner complying with the statutes applicable to registered fleet owners and stands as an indemnity for any loss sustained by reason of acts that constitute grounds for suspension or revocation of the license; it is executed in the name of the state of Missouri for the benefit of all aggrieved parties, aggregate liability never exceeds the amount of the instrument, and proceeds are paid only upon the department's receipt of a final judgment from a Missouri court of competent jurisdiction against the principal and in favor of an aggrieved party. Section 301.032.6(1) limits registered fleet owner status to a person, company, or corporation engaged in renting or leasing three thousand five hundred or more motor vehicles used exclusively for rental or leasing and not for resale that has applied under section 144.070; section 301.032.8 additionally requires proof of insurance under section 303.024 or 303.026 before fleet plates issue, and section 301.032.9 expires the fleet owner authority on January first of the licensure period. Department of Revenue Form 901, Application for Permit to Operate as a Motor Vehicle or Marine Craft Leasing Company (rev. 09-2025), states the $100,000 bond or ILC requirement for the Lease and Rental Fleet class and is filed with the Motor Vehicle Bureau, Lease/Rental Registration Desk, in Jefferson City. Confirm your operation class and required amount with the Bureau before filing.

You need this bond if you're

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Applying for Missouri lease and rental fleet plates — the Form 901 class that takes fleet plates instead of registering each unit
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Renewing a lease/rental permit — permits expire December 31 on a two-year cycle and the bond has to be current at renewal
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A national rental or leasing brand entering Missouri — a fleet of 3,500 or more units used exclusively for rental or leasing qualifies under § 301.032.6(1)
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Replacing a $100,000 irrevocable letter of credit — the statute accepts either instrument, and the bond frees the collateral your bank is holding
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 $100,000 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 Motor Vehicle Bureau. The Department of Revenue wants the ORIGINAL bond in the Form 901 packet, so the wet-ink original goes in the mail to you the same day the PDF lands in your inbox. It is filed with the Lease/Rental Registration Desk in Jefferson City alongside your sales tax license copy, insurance policy copy, and fees.

What sets the price

The premium is fixed at $1,000 at the $100,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.

One soft credit pull, never a hard inquiry, and it never affects your score.

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

One application, issued instantly.

These are the actual issuing fields — company details, ownership, an effective date, and a term. That is the application; any credit screen is a soft pull.

Start the application →
FAQ

Common questions.

How much is the Missouri motor vehicle or marine craft leasing bond?The premium is $1,000 flat — set by our carrier's rate book for this bond, the same for every registered fleet owner. The $100,000 penal sum is fixed by § 144.070.6, RSMo, so there is no quote process and the price you see is the checkout price.
Do I pay the $100,000?No. You pay $1,000. The $100,000 is the surety's maximum liability if a valid claim is proven against the bond — not a deposit, and nobody holds your money. If the surety ever pays an aggrieved party, you reimburse the surety.
How fast will I have the bond?Checkout-priced bonds like this issue the moment you pay — many fleet operators finish the application and have the e-signed bond in the same sitting. Because the Motor Vehicle Bureau wants an original in the Form 901 packet, a wet-ink copy goes in the mail to you as well.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. The price stays $1,000 flat either way.
Does every Missouri leasing company need this bond?No. Form 901 asks for the bond or an irrevocable letter of credit from the Lease and Rental Fleet class — the operators who take fleet plates under § 301.032. A company filing for plain lease or rental authority, and paying tax on the lease proceeds without fleet plates, does not post it. Check the Type of Operation box on your Form 901 and confirm with the Lease/Rental Registration Desk if you are unsure.
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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Finish your Form 901 packet today.

$1,000 flat, issued the moment you pay, soft pull only. Free until issued.

Your price$1,000
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