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The Nevada Indemnity Bond is a type of surety bond required by the Nevada Public Utilities Commission. This requirement is for those granted a Certificate of Public Convenience to either provide a resold prepaid competitive basic intrastate inter-exchange telecommunications services within the state or to provide intrastate inter-exchange telecommunications. The amount of the bond is either $1,000 or $5,000.
How to get a Nevada Indemnity Bond
At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:
- Complete the easy to navigate and secure online application. 1
- Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
Sign some paperwork and pay the bond premium
Once these steps have been completed, the Surety Bond will be shipped to the bond applicant.
1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.
Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier online provider of surety bonds nationwide since 2003.
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What is the purpose of a Nevada Indemnity Bond – Public Utilities Commission?
The bond states that, if the bondholder is granted a certificate of public convenience to provide intrastate telecommunications services within the State of Nevada, they shall fully and faithfully comply with applicable provisions of NAC 704.7472 in all respects.
The bond shall be used to return customer deposits and advance payments to individuals who have paid for the services of the principal if the principal (applicant) is unable to provide such services. If the surety company pays a claim on the bond, it will seek restitution from the bond principal (licensee).
How to Get Your Nevada Indemnity Bond – Public Utilities Commission
- Complete an online application. It’s free and no-obligation.
- One of our surety experts will contact you with a firm quote and an agreement to sign.
- Provide payment and your signed agreement, and then you will receive your Surety Bond!
If you have any questions, please call us at 877-654-2327.
Surety1 was founded in 2003 and helps thousands of clients find the best prices on their surety bonds. We take pride in our work so that we can give you great service. Learn more about Surety1.