Nevada Vehicle Registration Program Bond Guide
If you’re applying for a vehicle registration program license in Nevada, you’ll likely need this surety bond.
Bond Overview
- Purpose: To protect consumers if a vehicle registration company commits fraud
- Who Needs It: All vehicle registration program participants
- Regulating Body: The Nevada DMV, Occupational and Business Licensing
- Required Coverage: $1,000–$100,000
- Premium Rate: 1–10%, credit-based
Learn all about the bond requirements and process in this guide.
What Is a Nevada Vehicle Registration Program Bond?
A Nevada vehicle registration program bond protects consumers from harm if an employee or agent commits fraud or misrepresentation.
The Nevada DMV, Occupational and Business Licensing division requires this bond for businesses that process vehicle registration transactions.
How Much Do Vehicle Registration Program Bonds Cost?
Nevada vehicle registration program bonds cost a small percentage of the required coverage amount, typically 1–10%.
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.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Nevada vehicle registration program 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 DMV as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Nevada Vehicle Registration Program Bond Work?
A vehicle registration program bond creates a legal contract between these three parties:
- Principal: You, the vehicle registration program participant filing the bond
- Obligee: The Nevada DMV, Occupational and Business Licensing requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of Chapter 482 of the Nevada Revised Statutes.
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 vehicle registration program bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.
