Virginia requires a new passenger carrier or passenger broker to file a $25,000 bond with DMV and keep it on file for the first three years of operating authority. Ours is $125 flat — the price you see is the checkout price — and this license bond application collects no credit information.
















License bonds are the simplest thing in surety. Here's the entire process:
Business details and an effective date. That's the application — no financials, no credit fields, no follow-up scavenger hunt.
License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond (form OA 435) arrives by email, ready to file with your operating-authority application. Wet-ink original mailed on request.
Virginia DMV Motor Carrier Services licenses intrastate passenger carriers and passenger brokers, and conditions a new applicant's operating authority on a $25,000 surety bond (form OA 435). The bond is a consumer-protection guarantee for the people who hire you.
It is a three-party arrangement: you (the principal), the surety carrier, and the Commonwealth (the obligee), with your passengers and customers as the protected parties. The bond protects anyone who suffers a loss from your fraud, misrepresentation, breach of contract, or other violation of the motor-carrier chapter.
The bond is required for the first three years from the date your operating-authority certificate issues, then it is released. You may file an irrevocable letter of credit (form OA 447) instead — but the surety bond is usually cheaper. It is not insurance for you — if the surety pays, you repay the surety.
These are the actual issuing fields — no credit section, because this application doesn't collect credit information.
Start the application →$125 flat, no credit review, bond often issued in the same sitting. Free until issued.