Connecticut requires a motor vehicle leasing or rental licensee to file a $15,000 bond with the DMV (form K-158) under C.G.S. 14-15. Ours is $150 flat — the price you see is the checkout price, identical for every licensee, and the application collects no credit information.
















License bonds are the simplest thing in surety. Here's the entire process:
Business details and an effective date. That is the application — no financials, no credit section.
License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond (form K-158) arrives by email, ready to file with your leasing or rental license application. Wet-ink original mailed on request.
Connecticut licenses motor vehicle leasing and rental companies through the DMV under C.G.S. 14-15. A company that leases or rents vehicles for periods of thirty days or more must file a $15,000 surety bond on form K-158 as a condition of the license.
The bond is a compliance guarantee: it is conditioned on the licensee following the state and federal laws and regulations governing the leasing and rental business. If the licensee violates those laws and someone is harmed, the harmed party can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. Note the DMV also requires proof of financial responsibility (a separate insurance certificate) alongside this bond; the two are different filings.
These are the actual issuing fields — no credit section, because this bond's application does not collect any.
Start the application →$150 flat, no credit review, bond often issued in the same sitting. Free until issued.