1 (844) 589-9732

Virginia Driver Training School Bond

The Virginia driver training school bond is available for Class A schools and Class B schools from AmeriPro Surety Bonds. Please call our agency today: 844-589-9732.

Virginia Driver Training School Bond |

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Driver Training – Virginia

 

 

 

Driver training schools operating in Virginia are regulated by the Virginia Department of Motor Vehicles.

As part of the licensing process, driver training schools for Class A or Class B training are required to furnish a surety bond to the DMV.

AmeriPro Surety Bonds offers both bonds for your compliance as new and renewal surety bonds.

 

 

 

Virginia Driver Training School Bond: Amount Required and Premium (or Cost)

 

 

 

Class B driver training schools require a $5,000 surety bond. After a surety bond application, the bond premium is usually about $100.00 annually.

Virginia Class A driver training schools require a $100,000 surety bond. Because of the bond’s large size, the application is typically more detailed. Credit is also a factor for pricing.

As a broad general rule, an applicant with good credit may pay in the 1%-2.5% range for this bond; however, the final pricing will be determined by information provided on the surety application, and your credit score.

AmeriPro Surety Bonds will work to find you the best surety bond pricing.

 

 

 

The Purpose of this Surety Bond:

 

 

 

The purpose of the Virginia driver training school bond, Class A and B alike, is a financial guarantee for the Virginia DMV, and by extension, the residents of Virginia, that your business will be in compliance with all rules and regulations governing driving schools.

The surety bond protects against acts and instances of fraud, theft, wrongful acts, malfeasance and misfeasance. These protections, however, are not for the driving school; they are for any who can demonstrate harm caused by a school.

Such protections also extend to wrongful acts committed by employees, managers, and agents of a driver school.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds only. We provide license and permit, contractor, court, and fiduciary surety bonds throughout Virginia.

Our agency also provides surety bonds nationwide.

Please call us today at:

 

 

844-589-9732

 

 

 

Or, you may fill out our form below and an agent will contact you…

 

 

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AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

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