The Nevada Vehicle Industry Business License Bond is required by the Nevada Department of Motor Vehicles. The bond is also referred to as a Nevada Body Shop Bond or Nevada Garage Repair Bond. Anyone who wants to operate a body shop or repair garage, needs a Nevada Vehicle Industry Business License Bond. This bond is required by the Nevada Department of Motor Vehicles (DMV) to protect consumers from financial losses if the business fails to perform its work properly or engages in fraudulent or dishonest practices. If the surety company pays a claim on the bond, it will seek restitution from the bond principal (licensee).
The bond amount is $5,000 for repair shops and $10,00o, for Body shops. The cost of the bond is usually the minimum premium and fees of $150.00.
If you need a Motor Vehicle Dealer bond, click here.
How to get a Nevada Vehicle Industry Business License 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 Nevada Vehicle Industry Business License 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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How to Get Your Nevada Vehicle Industry Business License Bond
- 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.