NC 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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Required for a DMV commission contract to run an LPA under G.S. 20-63 / 20-63.01

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Amount is set by the DMV to cover the fees and taxes the agency handles

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Soft credit pull only — never affects your score, priced at 1% of the bond amount, $100 minimum

1% + $100 minrated pricing by bond amountSoft pullnever a hard inquiryFastinstant underwriting for most

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How it works

Three steps to your commission contract.

Your LPA commission contract is waiting on this bond. Here is the entire process:

TODAY · ONLINE

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.

WITHIN 48 HOURS

Reviewed & approved

Most clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The soft credit pull never affects your score.

1–2 BUSINESS DAYS

File with the DMV

Pay online and receive the executed guaranty bond ready to file with your DMV commission contract.

About this bond

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.

G.S. 20-63 / 20-63.01 (commission contractors)Under N.C. Gen. Stat. §§ 20-63 and 20-63.01, a commission contractor that is granted a contract to issue license plates and conduct License Plate Agency business — and that is not a governmental subdivision — must give a guaranty bond, or with the Division’s consent an approved alternative. The DMV sets the amount to secure the public funds the agency collects. Confirm your required amount in your commission contract.

You need this bond if you are

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A commission contractor awarded a DMV contract to run a License Plate Agency

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Renewing an LPA commission contract that requires a guaranty bond

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Bidding to operate an LPA and lining up the bond the contract requires

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Adjusting your bond amount after the DMV revised your contract’s requirement

One application, issued instantly.

These are the actual underwriting fields, including a one-time soft credit pull. Submit once and your bond is typically issued within 1–2 business days.

Start the application →

FAQ

Common questions.

How much is the North Carolina LPA bond?Pricing is 1% of your bond amount, with a $100 minimum. The bond amount is set by the DMV in your commission contract, sized to the fees and taxes your agency collects. Enter that figure and your exact price appears in the application.

Who requires this bond?The North Carolina DMV, under G.S. 20-63 / 20-63.01, requires a guaranty bond from a non-governmental commission contractor as a condition of running a License Plate Agency.

What if I cannot get a bond?The statute allows it: a commission contractor unable to secure a guaranty bond may, with the Division’s consent, provide an approved alternative. Most contractors bond — pricing starts from $100 with a soft pull only — but the statute leaves room for an alternative.

Is there a credit check?A quick soft credit check may apply — never a hard inquiry, and it never affects your score. It helps set your credit-tier price, and the application walks you through it.

What does the bond protect?The public funds the agency collects — registration fees, property taxes and similar money owed to the state. If the contractor fails to remit, the state can recover against the bond, and the contractor repays the surety.

Related bonds

Other North Carolina bonds.

LPA guaranty bond, on file fast.

Pricing from $100, soft pull only. Enter the amount the DMV set and file in 1–2 business days.

Start application

Your premiumfrom $100

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