Ohio Commercial Driver Training School Bond Guide
If you are opening a commercial driver training school in Ohio, you must file a surety bond with the Department of Public Safety. Learn how these bonds work with our complete guide.
Bond Overview
- Purpose: To ensure that schools fulfill their obligations and follow Ohio laws
- Who Needs It: Commercial driver training schools licensed by the ODPS
- Regulating Body: The Ohio Department of Public Safety (ODPS)
- Required Amount: $1,000–$100,000
- Premium Rates: Typically 1–10% of the bond amount, credit-based
What Is an Ohio Driver Training and Testing License Bond?
An Ohio driver training bond is a surety bond required by the ODPS to authorize any driver education or testing business.
The bond provides financial protection to students and the public if the school fails to provide services or violates Ohio laws.
How Much Does a Commercial Driver Training School Bond Cost in Ohio?
The required bond amount ranges from $1,000 to $100,000 based on the number of commercial driver training students.
Your Ohio driver training school bond premium will be a small percentage of the total bond amount, typically 1–10%, depending on credit score and financial qualifications.
Apply below to receive a personalized quote.
SuretyBonds.com offers the lowest available rates available from our nationwide network of providers.
How Does This Bond Work?
By purchasing a driver training school bond, you enter a legally-binding contract between three parties:
- Principal: You, the school or testing provider
- Obligee: The Ohio Department of Public Safety
- Surety: The provider issuing the bond
If you violate licensing rules or fail to deliver services, claims can be filed against the bond. The surety will pay valid claims and seek reimbursement from the school.
How to Get an Ohio Driver Training School Bond
SuretyBonds.com provides the fastest and easiest way to get an Ohio commercial driver training school license bond. Follow these steps to get started:
- Complete our quick online application
- Receive a free quote within one business day
- Pay using your online quote invoice any time
After purchase, we’ll deliver your official bond form via email.
Can I Get Bonded With Bad Credit?
Yes, you may be able to get a commercial driver training school bond even with bad credit. However, keep in mind that this may lead to a higher premium.
When you apply, we will explore our nationwide markets to find the best available rate for you.
How to Renew Your Driver Training School Bond
You must renew your commercial driver training school bond before the current one-year term ends.
Simply pay your renewal invoice before the expiration date. You'll receive instructions if any action is necessary to ensure your bond remains active for the next term.
Check out our How to Renew Your Surety Bond page for more information.
How to Open a Driver Training or CDL Testing School in Ohio
Anyone looking to open a licensed driver training school in Ohio must fulfill several requirements. Complete the following steps to apply:
- Choose your business model: franchise or independent
- Get certified as a driving instructor through the Ohio BMV
- Apply for the required driver training or CDL testing licenses with ODPS
- Create a business plan and secure funding
- Find a compliant location and equip it properly
- Obtain the required insurance and surety bond to meet Ohio regulations
- Purchase or lease vehicles appropriate for your training program
- Develop curriculum, market your school, and stay compliant with regulations
After completing these steps, you’ll receive your license to legally open a driver training school in Ohio