NM driver education school bonds.
$100 flat.

To license a driver education school, New Mexico's Department of Transportation Traffic Safety Bureau conditions issuance on a continuous surety bond under 18.20.3.10 NMAC, naming the bureau as obligee and assuring the satisfactory performance of contracts with students — including tuition refund agreements — and the maintenance of student records. Ours is priced at $100 flat, and the price you see is the checkout price. The application collects no credit information.

Required to license a New Mexico driver education school under 18.20.3.10 NMAC
Fixed price, fixed amount — $15,000 bond, $100, no quote process
Multi-year terms available — set it up once for up to 3 years
A-ratedA.M. Best carriersInstantunderwriting process1–3 yrterms available
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps. One sitting.

Driver education school license bonds are about the simplest thing in surety. Here's the entire process:

NOW · ONLINE

Apply online

Business details and an effective date. That's the application — no financials, no credit section.

MINUTES, USUALLY

Pay & e-sign

License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.

SAME DAY

File with the Traffic Safety Bureau

Your executed bond and power of attorney arrive by email, ready to file with your driver education school license application or renewal. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the driver education school bond actually guarantees

A driver education school in New Mexico contracts directly with students — collecting tuition, promising lessons, and sometimes promising refunds if a student withdraws. The Traffic Safety Bureau licenses these schools and, under 18.20.3.10 NMAC, conditions an initial license on posting a continuous surety bond alongside proof of vehicle insurance and the license fee.

The bond names the New Mexico Department of Transportation Traffic Safety Bureau as obligee and assures the satisfactory performance of all contracts with students — including any tuition refund agreement — and the maintenance of student records. If a school fails to honor a refund or loses required records, an affected student or the bureau can look to the bond. It is a continuous filing: the bureau will not renew a school's license without proof the bond (or its continuation) is current.

It is not insurance for the school — if the surety pays a claim, the school repays the surety. Confirm the required bond amount and any continuation-certificate deadline with the Traffic Safety Bureau; we price this bond at $100 flat, and the application collects no credit information.

18.20.3.10 NMACUnder 18.20.3.10 NMAC, New Mexico's Department of Transportation Traffic Safety Bureau conditions issuance of a driver education school license on posting a continuous surety bond issued by a company authorized to transact surety business in New Mexico. The bond must name the Traffic Safety Bureau as obligee and assure the satisfactory performance of all contracts with students, including tuition refund agreements, and the maintenance of student records; the bureau will not renew a school's license without proof the bond remains in force. Confirm the currently required bond amount and any continuation-certificate deadline with the Traffic Safety Bureau.

You need this bond if you are

Applying for a New Mexico driver education school license for the first time
Renewing your school license and need to show your bond or continuation certificate is current
Opening an extension site under an existing licensed school
Reinstating a lapsed license that needs a fresh bond filing

One application, issued instantly.

These are the actual issuing fields — no credit section, because this application doesn't collect credit information.

Start the application →
FAQ

Common questions.

How much is the New Mexico driver education school bond?The premium is $100 flat — set by our carrier's rate book for this bond, the same for every school. The bond is written for $15,000, so there is no quote process.
Do I pay the full $15,000?No. You pay $100. The $15,000 is the surety's maximum liability if a valid student claim is made against the bond — not a deposit, and nobody holds your money.
How fast will I have the bond?License bonds like this are among the thousands of bond types that issue right after purchase — many schools finish the application and have the bond in the same sitting. At most, 1–2 business days.
Is there a credit check?The application collects no credit information, so most applicants approve instantly.
What happens if I open an extension site?The Traffic Safety Bureau charges a separate extension-site fee, but the bond itself covers the licensed school. Confirm with the bureau whether an extension site changes anything about your bond filing.
Related bonds

Other New Mexico bonds.

License your driving school today.

$100 flat, no credit review, bond often issued in the same sitting. Free until issued.

Your price$100
Apply now →