BONDS
Coverage Amount:
$10,000
Cost:
$100.00
Period:
1–3 years
The California Driving School Owner or All-Terrain Vehicle Safety Training Organization Bond is a $10,000 surety bond required for DMV occupational licensees operating driver instruction or ATV safety training programs.
The bond helps ensure compliance with applicable laws and protects students and the public from violations. It must be kept active as long as the license is in effect.
Obligee: California Department of Motor Vehicles
Amount: $10,000
Applies to: Driving school owners and ATV safety training organizations
Filing: Bond filed with the California DMV
Maintain continuous coverage for license compliance
What is a surety bond and how does it work?
A surety bond is a three-party agreement among the principal (you), the obligee (the government agency), and the surety (bond company). It guarantees you will follow laws and regulations. If a valid claim is paid, the surety seeks reimbursement from the principal. A bond protects the public—not the licensee.
Who requires the bond and who sets the bond amount?
How long is the bond term and how do renewals work?
How is the bond filed with the agency?