(Aka: DMV Driving School Surety Bond)
The Driving School Surety Bond is required by some states in order to obtain and maintain a license to operate a driving school. The bond is put in place to protect the student's unearned, prepaid tuition against any potential fraud or misrepresentation by the driving school. If a breach in the contract between the school and the student or a violation of applicable state law occurs, a claim can be made on the bond.
The Driving School Bond amount can vary state by state. In most cases, there is a minimum bond amount required by state statutes with an additional amount or bond required for additional school locations.
Processing a Driving School Bond is typically simple and easy. In most cases minimal documentation is needed. Quotes are usually provided same day or within 24 hours.