NYC taxicab agent bonds.
$1,500 flat. Soft pull.
The NYC Taxi & Limousine Commission requires a licensed taxicab agent to file a $50,000 bond. Ours is $1,500 flat — 3% of the bond amount, identical for every agent. One soft credit pull, e-signed in 1–2 business days.
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Three steps to filed.
Your TLC agent license is waiting on this bond. Here's the entire process — no broker phone tag:
Apply once, online
Business details, owner information, effective date. The only extra step is a one-time consent to a soft credit pull.
Reviewed & approved
Most of these clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The credit check is a soft pull that never affects your score.
E-sign & file with the TLC
Pay online and receive the executed bond ready to file with the NYC Taxi & Limousine Commission. Wet-ink originals mailed when the TLC insists.
The whole pricing page.
$50,000 bond × 3% = $1,500, one-time per term. Fixed amount, fixed price, multi-year if you want it.
What it is and who needs it.
What the bond actually guarantees
The NYC Taxi & Limousine Commission (TLC) licenses taxicab agents — businesses that broker, manage, or transact medallion and taxicab business on behalf of owners. The bond is a fidelity-and-compliance guarantee: it stands behind the agent's proper handling of client money and compliance with TLC rules.
It's a three-party arrangement: you (the principal), the surety carrier, and the City of New York acting through the TLC (the obligee), with the owners and clients you serve as protected parties. If an agent mishandles client funds or violates TLC rules, a harmed party can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. Agents who keep client funds clean treat the bond as a license formality.
You need this bond if you're
Five minutes. The whole thing.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the NYC taxicab agent bond? +
Do I pay the $50,000? +
Who requires this bond? +
Is there a credit check? +
When does it renew? +
Other New York bonds.
The TLC is waiting on one document.
$1,500 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.