Nevada Specialty License Plate Bond Guide
If you’re applying for a specialty license plate in Nevada, you’ll likely need this surety bond.
Bond Overview
- Purpose: To ensure organizations comply with state specialty plate regulations
- Who Needs It: All organizations applying for a specialty license plate in Nevada
- Regulating Body: The Nevada Department of Motor Vehicles
- Required Coverage: $5,000 or $20,000, based on the current number of active plates
- Premium Rate: Typically 1–10% based on credit score
Learn all about the bond requirements and process in this guide.
What Is a Nevada Specialty License Plate Bond?
A Nevada specialty license plate bond ensures that organizations follow all rules and regulations related to sponsoring specialty plates. This includes managing any funds properly and submitting the required reports.
The Nevada Department of Motor Vehicles (DMV) typically requires a $5,000 surety bond to register your special plate design. However, if you apply after the state surpasses its 30-design limit, you’ll need to file a $20,000 surety bond.
How Much Do Specialty License Plate Bonds Cost?
Nevada specialty license plate bonds cost a small percentage of the required coverage amount, typically 1–10%. For example, rates start as low as $500 for the $5,000 bond amount.
Exact rates vary based on personal credit score. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a Specialty License Plate Bond?
The Nevada DMV requires this bond to apply for a specialty license plate that supports a nonprofit or government organization.
For the first 30 plate registrations, the DMV requires a $5,000 surety bond and 1,000 active registrations. The DMV allows up to 5 designs beyond that limit, but you’ll need to file a $20,000 surety bond and reach 3,000 registrations.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Nevada specialty license plate bond. Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- Buy: Purchase the bond online 24/7
We’ll mail you the bond via your preferred shipping method. Be sure to file it with the Nevada DMV as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Nevada Specialty License Plate Bond Work?
A specialty license plate bond creates a legal contract between these three parties:
- Principal: You, the specialty plate applicant filing the bond
- Obligee: The Nevada Department of Motor Vehicles requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of Nevada Revised Statutes Chapter 482.367002.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must ultimately refund the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your specialty license plate bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.
