Tennessee petroleum & fuels tax bonds.
From $100.
The bond the Tennessee Department of Revenue requires from anyone licensed to deal in, transport, or use petroleum products or alternative fuels. It secures the fuel tax you collect or owe under T.C.A. 67-3-609 — the premium is 1% of your bond amount, $100 minimum, and no credit check up to $10,000.
Trusted by industry leaders
How much does a Tennessee petroleum & fuels tax bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard fuel tax bond — enter your amount, pay, and file with the Department of Revenue. Here is the whole thing:
Apply online
Your business details, the bond amount the state required, and the effective date — that is the application.
Issued on the spot
No credit check up to $10,000. Above $10,000, a soft pull may add a short review.
File with the Department of Revenue
Submit the executed bond on the Department’s Petroleum Products and Alternative Fuels Bond form with your license application. Wet-ink originals mailed whenever the state insists.
What it is and who needs it.
What the fuel tax bond actually covers
Tennessee taxes petroleum products and alternative fuels under the Petroleum Products and Alternative Fuels Tax Law (T.C.A. Title 67, Chapter 3). Anyone applying to deal in, transport, or use those fuels must give the Department of Revenue a bond securing the tax, interest, and fees that arise under the chapter.
The bond amount is the greater of $1,000 or three times the tax required to be paid monthly by the licensee. The Commissioner can require an increase if needed to safeguard state revenue, but the bond may never exceed $1,000,000. The amount on your notice reflects your expected monthly volume.
The bond stands behind the fuel tax you collect or owe — if you fail to remit, the state can recover against it, and if the surety pays, you repay the surety. We issue the amount the Department set, with premiums from $100 and no credit check up to $10,000 on the application, on the Department’s bond form.
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 Department of Revenue. Submit the executed bond on the Department’s Petroleum Products and Alternative Fuels Bond form with your license application. Wet-ink originals mailed whenever the state insists.
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.
No credit check up to $10,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with the bond amount the Department of Revenue set — most bonds are issued instantly, ready to file.
Start the application →Common questions.
Other Tennessee bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Fuel tax bond, issued today.
1% of your bond amount, $100 minimum. Enter the amount the state required and file the same day.