California Motor Vehicle Interstate Carrier Bond
Bond Requirements & Set Rates
| Bond Amount Required | Annual Premium |
| $50,000 | $750 |
Motor carriers operating commercial vehicles across state lines as part of the Interstate Carrier Program (ICP) must secure a surety bond. Required by the California Department of Motor Vehicles (DMV) or applicable state and federal transportation authorities, the California motor vehicle interstate carrier bond ensures carriers comply with theâ¯California Vehicle Codeâ¯and pay all necessary fees and taxes.
Cost of a California Motor Vehicle Interstate Carrier Bond
The cost of a $50,000 California motor vehicle interstate carrier bond is a flat rate of $750 when you buy from NNA Surety. Secure your bond today.
How the Motor Vehicle Interstate Carrier Bond Works
A California motor vehicle interstate carrier bond is a legally binding agreement between three parties:
- Principal: Interstate motor carrier
- Obligee: California DMV or relevant regulatory authority
- Surety: Company that issues the bond
This bond serves as a financial guarantee that all required registration fees, taxes, and regulatory assessments are paid to the state. If you fail to meet these obligations, an affected party may file a claim against your bond. If the claim is validated, the surety may compensate the harmed party up to $50,000 and you are then responsible for reimbursing the surety for any paid claims.
How to Get the California Motor Vehicle Interstate Carrier Bond
Getting bonded with NNA Surety is a straightforward process:
- Complete this online application.
- Pay the premium.
- Receive your bond via email.
Apply for Your California Motor Vehicle Interstate Carrier Bond
Stay compliant and keep your operations running smoothly with a California motor vehicle interstate carrier bond. Complete this form to get bonded or call 855-563-1401 for more information.