Virginia fuels tax supplier bonds.
From $15,000.
A Virginia motor-fuel supplier is licensed and bonded through the DMV, and § 58.1-2211 fixes the bond at $2,000,000 for a position holder, a two-party exchange recipient or a permissive supplier. Our carrier quotes 0.75% of the bond amount, $15,000. A supplier that only provides fuel alcohol files the fuel alcohol provider bond instead.
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How much does a Virginia fuels tax supplier bond cost?
0.75% of the bond amount, from $15,000 at the $2,000,000 minimum. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard fuels-tax bond — enter your amount, pay, and file with DMV. Larger supplier bonds get a quick review:
Apply online
Your business details, the bond amount DMV required, and the effective date — that is the application.
Reviewed, then issued
A $2,000,000 bond gets a quick underwriter review before it issues. Any credit check is a soft pull that never affects your score.
File with DMV
Submit the executed bond with your supplier license. Wet-ink originals mailed whenever DMV insists on them.
What it is and who needs it.
What the supplier bond actually covers
Virginia taxes motor fuel under the Virginia Fuels Tax Act, administered by the DMV. A supplier — broadly, a position holder at a terminal or a person who imports fuel for sale — is liable for the fuels tax and is among the licensees the Act requires to post security.
Under Code of Virginia § 58.1-2211, the bond is conditioned on compliance with the Fuels Tax Act and payable to the Commonwealth. Subsection A(1) fixes the bond at $2,000,000 for a supplier who is a position holder or receives fuel in a two-party exchange, and for a permissive supplier — the same figure as terminal operators and bonded importers. A supplier that only provides fuel alcohol falls under subsection A(2): three times its expected monthly tax, between $2,000 and $300,000.
The bond stands behind the fuels tax you collect or owe — if you fail to remit, the state can recover against it. Our carrier quotes 0.75% of the bond amount, which is $15,000 at $2,000,000, and an underwriter reviews a bond this size quickly.
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 DMV. Submit the executed bond with your supplier 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.
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 short form to apply.
Submit the application for the $2,000,000 bond; an underwriter reviews a bond this size quickly.
Start the application →Common questions.
Other Virginia bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Supplier fuels-tax bond, issued today.
From $15,000 for the $2,000,000 bond. Apply online and file with DMV.