Nevada Motor Vehicle Dealer Bond

Nevada requires a $100,000 motor vehicle dealer bond before you can get a dealer license. It is filed with the Nevada DMV. You can get it fast.

Bond Amount
$100,000
Typical Premium
$500–$5,000/yr
Term
1 Year
Required By
Nevada DMV
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What Is the Nevada Motor Vehicle Dealer Bond?

The Nevada motor vehicle dealer bond stands behind your dealership. If you wrong a customer, they can file a claim. The surety covers it, and you repay the surety.

How much bond you need in Nevada:

Who Needs This Bond in Nevada?

How to Get Bonded — Step by Step

  1. Get a quote on this page. We match you with a strong surety.
  2. Complete your dealer application.
  3. File the bond with the Nevada DMV.
  4. Receive your license and open for business.

Renewal & Continuous Bond Coverage

Nevada dealer licenses come up for renewal every year. Keep your bond active the whole time. Renew early so you do not lose your license.

Frequently Asked Questions

Does the Nevada bond protect me?

No. The bond protects your customers and the state, not you. If a claim is paid, you repay the surety. The bond is not your own insurance.

How fast can I get bonded in Nevada?

We shop several sureties for you, often within a day. Many bonds are issued the same day for good credit.

How much does the bond cost?

You pay a yearly premium — a small percent of the bond amount. Good credit means a lower rate.

How a Surety Bond Works

A dealer bond is a type of surety bond. The picture below shows the three parties and what happens if someone files a claim.

Diagram of how a surety bond works: the obligee requires the bond, the principal applies and signs an indemnity agreement, and the surety issues the bond; if the principal fails, the obligee files a claim, the surety investigates and may pay, and the principal reimburses the surety.

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Related: All Nevada surety bonds · What is a surety bond? · How surety bond costs are calculated

Underwriting Disclosure. All surety bond applications are subject to underwriting review and approval by the issuing surety company. Quoted premiums are estimates only; final pricing is determined by individual underwriting factors, which may include personal and business credit history, financial statements, industry experience, and claims history. Many bonds qualify for instant online approval, while others may require additional documentation, financial review, or indemnitor signatures prior to issuance. SuretyBondly makes no representation, warranty, or guarantee of approval, eligibility, premium amount, bond form, or issuance timing. Bond amounts, forms, and requirements are governed by the applicable obligee and statutory authority and may change without notice. Information provided on this page is for general informational purposes only and does not constitute legal, financial, or tax advice.