North Carolina license plate agency bonds.
From $100.
A North Carolina License Plate Agency (LPA) is run by a private commission contractor under contract with the DMV. The contractor must file a guaranty bond under G.S. 20-63 / 20-63.01 standing behind the public funds it collects. The DMV sets the amount; pricing starts from $100 with a soft credit check that never affects your score.
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How much does a North Carolina license plate agency bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps to your commission contract.
Your LPA commission contract is waiting on this bond. Here is the entire process:
Apply once, online
Business details, the bond amount the DMV set, and the effective date — plus a one-time consent to a soft credit pull.
Approved
Most are approved as soon as you apply. The soft credit pull never affects your score. If it needs a second look, one to two business days at most.
File with the DMV
Pay online and receive the executed guaranty bond ready to file with your DMV commission contract.
What it is and who needs it.
What the LPA bond actually guarantees
Most North Carolina License Plate Agencies are operated by private commission contractors under contract with the DMV, rather than by state employees. The agency collects registration fees, property taxes and other public money on the state’s behalf — so the DMV requires a financial guarantee.
Under G.S. 20-63 and the bonding provision G.S. 20-63.01, a commission contractor that is not a governmental subdivision must give a guaranty bond (a contractor unable to secure one may, with DMV consent, provide an approved alternative). The bond protects the public funds the agency handles.
The DMV sets the amount in the commission contract, sized to the fees and taxes the agency collects. If the contractor fails to remit those funds, the state can recover against the bond — and if the surety pays, the contractor repays the surety. Enter the figure your contract names — pricing starts from $100, with a quick soft credit check that never affects your score.
You need this bond if you are
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 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.
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 DMV. Pay online and receive the executed guaranty bond ready to file with your DMV commission contract.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not 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 soft credit pull. Submit once and your bond is issued when you pay.
Start the application →Common questions.
Other North Carolina bonds.
Price and requirements checked on the carrier’s application, . Page updated .
LPA guaranty bond, on file fast.
Pricing from $100, soft pull only. Enter the amount the DMV set and file the same day.