NYC taxicab & limo agent bonds.
$100 flat.
The City of New York, through the Taxi & Limousine Commission (TLC), requires a $5,000 bond from licensed agents who handle TLC business on behalf of owners. The price you see is the price you pay: $100 flat, set by our carrier's rate book for this bond — with one soft credit pull that never affects your score.
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How much does an NYC taxicab & limo agent bond cost?
$100 at the $5,000 amount, the same for every applicant.
Three steps to licensed.
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. That is the application — the only extra step is a one-time consent to a soft credit pull.
Approved
Most are approved as soon as you apply. Any credit check here is a soft pull that never affects your score. If it needs a second look, one to two business days at most.
E-sign & file with the TLC
Pay online and receive the executed bond, ready to file with the NYC Taxi & Limousine Commission for your agent license. Wet-ink originals mailed on request.
What it is and who needs it.
What the TLC agent bond guarantees
The City of New York regulates for-hire transportation through the Taxi & Limousine Commission (TLC). A licensed agent files paperwork, handles registrations, and transacts TLC business on behalf of vehicle and base owners — and the Commission conditions the agent license on a $5,000 surety bond.
It is a three-party arrangement: you (the principal), the surety carrier, and the City of New York together with the owners you represent (the protected parties). If you mishandle a client's money or filings, or violate the TLC's agent 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 handle owner business honestly and follow the TLC rules treat the bond as a license formality.
You need this bond if you're
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 $5,000 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 December 31 whatever day you buy; the premium covers the period to that date.
Renewal falls on the statutory date, December 31, 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
E-sign & file with the TLC. Pay online and receive the executed bond, ready to file with the NYC Taxi & Limousine Commission for your agent license. Wet-ink originals mailed on request.
What sets the price
The premium is fixed at $100 at the $5,000 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 underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is issued when you pay.
Start the application →Common questions.
Other New York bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
The TLC is waiting on one document.
$100 flat, short application, bond issued when you pay. Free until issued.