This surety bond is required by the School Bus and Traffic Safety Section of the Division of Motor Vehicles under Article 14, Chapter 20, Section .0700 of the State of North Carolina General Statutes. The bond states that the bondholder will carry out and comply with tend of each and contracts for driving training education made and entered into by the bondholder and will faithfully pay back or refund to any such person all amounts collected for tuition or fees in the even the bondholder fails to comply with the terms of any contract entered into. The required bond amount varies. In many cases, the premium on this bond is as low as 1%.
To Attain a North Carolina Driver Training School Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.