Not in Virginia? Browse bonds by state

Virginia alt-fuel retailer bonds.
From $100.

Virginia licenses retailers of alternative fuel through the DMV under the Fuels Tax Act, and can require a bond or certificate of deposit as a tax guarantee. The DMV sets the amount, and the premium is 0.75% of your bond amount, with a $100 minimum.

✓
Filed with Virginia DMV under the Fuels Tax Act (Code of Virginia § 58.1-2244 et seq.)
✓
Amount set by DMV — generally tied to your expected monthly alternative-fuel tax
✓
No credit check up to $10,000 — above that, a soft pull at most, which never affects your score
From $1000.75% of bond amount, $100 minimumInstantapproval for mostNo credit check up to $10,000above that, a soft pull at most, never a hard inquiry
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 Virginia alt-fuel retailer bond cost?

0.75% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

No underwriting queue for the standard fuels-tax bond — enter your amount, pay, and file with DMV. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the bond amount DMV required, and the effective date — that is the application.

INSTANTLY

Issued on the spot

No credit check up to $10,000. Above $10,000, a soft pull may add a short review.

SAME DAY

File with DMV

Submit the executed bond with your alternative-fuel license. Wet-ink originals mailed whenever DMV insists on them.

About this bond

What it is and who needs it.

What the alternative-fuel retailer bond covers

Virginia taxes alternative fuel under the Virginia Fuels Tax Act, administered by the DMV. A retailer of alternative fuel sells alternative fuel at retail for use in a highway vehicle, and is among the licensees that can be required to post security for the tax.

When DMV requires it, the bond is filed under Code of Virginia § 58.1-2244 et seq. (bond requirements at § 58.1-2246), conditioned on compliance with the Fuels Tax Act and payable to the Commonwealth. If you fail to remit the alternative-fuel tax you collect, the state can recover against the bond.

The amount is set by DMV and generally tracks your expected monthly tax. Not every retailer is bonded — it depends on your account — so confirm the figure on your license notice; pricing starts from $100, and no credit check up to $10,000.

Code of Virginia § 58.1-2244 et seq. (Fuels Tax Act)Retailers of alternative fuel are licensed by DMV under the Virginia Fuels Tax Act (Code of Virginia § 58.1-2244 et seq.), with bond or certificate-of-deposit requirements at § 58.1-2246. The bond is conditioned on compliance with the Act and payable to the Commonwealth; DMV sets the amount based on expected tax liability. Confirm the amount on your DMV notice — not every retailer is required to bond.

You need this bond if you are

✓
A licensed retailer of alternative fuel DMV has asked to post security
✓
Applying for an alternative-fuel retail license that DMV conditions on a bond
✓
Reinstating an account after a late filing or unremitted tax triggered a bond requirement
✓
Increasing your fuel volume and DMV has raised your required bond amount
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 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 DMV. Submit the executed bond with your alternative-fuel license. Wet-ink originals mailed whenever DMV insists on them.

What sets the price

The premium is 0.75% 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 DMV set — the executed bond is generated instantly, ready to file.

Start the application →
FAQ

Common questions.

How much is the Virginia alternative-fuel retailer bond?Pricing is 0.75% of your bond amount, with a $100 minimum. The amount itself is set by DMV under the Fuels Tax Act and generally tracks your expected monthly tax liability. Enter the figure on your notice and your exact price appears in the application.
Does every retailer need this bond?No. The Fuels Tax Act lets DMV require a bond or certificate of deposit; it is not automatic. DMV decides based on your account and notifies you of the amount. If you were not asked for one, you likely do not need it.
Is there a credit check?No credit check up to $10,000. Above that, the carrier may run a soft pull, which never affects your score. Most applications approve instantly.
Who is the obligee?The Commonwealth of Virginia, through the DMV. The bond is conditioned on your compliance with the Virginia Fuels Tax Act and the payment of the alternative-fuel tax you collect.
Where do I file it?With Virginia DMV, alongside your alternative-fuel retail license. We issue the executed bond ready to submit.
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.
Related bonds

Other Virginia bonds.

Price and requirements checked on the carrier’s application, . Page updated .

Alt-fuel retailer bond, issued today.

Pricing from $100. Enter the amount DMV set and file the same day.

Your premiumfrom $100
Apply now →