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. Three percent of $5,000 is $150, so the premium is our $275 minimum — with one soft credit pull that never affects your score.
















Your TLC agent license is waiting on this bond. Here's the entire process — no broker phone tag:
Business details, owner information, effective date. That is the application — the only extra step is a one-time consent to a soft credit pull.
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.
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.
$5,000 bond × 3% = $150, which is below our $275 minimum — so the price is $275, one-time per term, multi-year if you want it. A soft pull affects approval, never the price.
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.
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 →If yours isn't here, the bond team can usually answer within the hour.
$275 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.