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South Carolina driver training school bonds.
$100 flat.

South Carolina requires every licensed driver training school to file a $10,000 corporate surety bond with the SCDMV before operating, under S.C. Code 56-23-40. Ours is $100 flat, issued instantly, identical for every school.

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Required by the SCDMV before a driving school operates under S.C. Code 56-23-40
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Fixed amount, fixed price — $10,000 bond, $100, no quote process
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No credit check — the application collects no credit information
A-ratedA.M. Best carriersInstantunderwriting process1–3 yrterms available
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a South Carolina driver training school bond cost?

$100 at the $10,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

License bonds are the simplest thing in surety. Here's the entire process:

NOW · ONLINE

Apply online

Business details and an effective date. That is the application. No credit check.

MINUTES, USUALLY

Pay & e-sign

License bonds like this are among the thousands of bond types that issue right after purchase.

SAME DAY

File with the SCDMV

Your executed bond arrives by email, ready to file with your driver training school license application. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

South Carolina licenses commercial driver training schools through the SCDMV under Title 56, Chapter 23. Before a school operates, S.C. Code 56-23-40 requires it to give the Department a $10,000 corporate surety bond, executed by the school as principal and a surety authorized to do business in the State.

The bond is conditioned on the school complying with the statutes governing its license and indemnifying any person for loss or damage suffered from retaining the school's services — including fraud or a breach of a student contract. In short, it protects students and the public if a driving school takes payment and fails to deliver, or otherwise violates Chapter 56-23.

It is not insurance for you — if the surety pays a claim, you repay the surety. The bond must stay active for the life of the license, so we track it and send renewal notices 60 and 30 days out.

S.C. Code 56-23-40 (SCDMV)S.C. Code 56-23-40 requires each licensed driver training school to give the SCDMV a corporate surety bond in the amount of ten thousand dollars, executed by the applicant as principal and a corporate surety authorized to do business in South Carolina. The bond is conditioned on compliance with the chapter and indemnifies any person for loss or damage from the school's services, including fraud or breach of a student contract.

You need this bond if you're

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Opening a driver training school that must be licensed by the SCDMV
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Renewing a driving-school license whose bond is expiring or was non-renewed
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Running a commercial CDL or driver-ed school under Title 56, Chapter 23
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Re-filing after a lapse that requires a fresh bond to reinstate the license
After you buy

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 $10,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.

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 SCDMV. Your executed bond arrives by email, ready to file with your driver training school license application. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $100 at the $10,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.

No credit check.

One application, issued instantly.

These are the actual issuing fields. No credit check.

Start the application →
FAQ

Common questions.

How much is the South Carolina driver training school bond?The premium is $100, set by our carrier's rate book for the fixed $10,000 bond amount, the same for every school. The $10,000 is set by S.C. Code 56-23-40, so there is no quote process.
Do I pay the $10,000?No. You pay $100. The $10,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.
What does the bond protect against?It protects students and the public from loss or damage caused by the school — including fraud or a breach of a student contract. If a valid claim is paid, you repay the surety; it is not insurance for the school.
Is there a credit check?No credit check: the application collects no credit information. Most applications on small fixed-amount license bonds like this one approve instantly.
When does it renew?The bond must stay active for as long as you hold the SCDMV license. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Price and requirements checked on the carrier’s application, . Page updated .

File your SCDMV bond today.

$100 flat, no credit check, bond often issued in the same sitting. Free until issued.

Your price$100
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