Nevada Auctioneer Bond

Nevada Auctioneer Bond

Auctioneers that work within Clark County, the City of Las Vegas, and the City of Henderson are required to file an Auctioneer Bond as financial assurance that should their fraudulent actions cause damages, the injured party can be reimbursed.

VIEW YOUR BOND PRICE

Buying your Auctioneer Bond with Jet assures the municipality that you are in compliance with the regulations of the license. 

Are There Differences Between the Auctioneer Bond for Las Vegas, Henderson City, or Clark County?

Each city or county that requires an Auctioneer Bond has their own specifications for the bond to protect their citizens. The bond limits are set at: 

The City of Henderson also requires Auctioneer Bonds to be held for a term of two years per issuance. 

What Is the Cost of the Nevada Auctioneer Bond?

You can buy the Auctioneer Bond for $10 a month or $100 a year, guaranteed! All you have to do is pick your bond term (options shown in chart below), fill out the required information, and pay for the bond. Jet will take care of the rest!

Bond TermCost
Monthly$10
1 Year$100
2 Years$175
3 Years$250
Nevada Auctioneer Bond Rates

*City of Henderson Auctioneer Bonds may only be purchased through monthly payments or 2-year terms.

As a direct carrier, Jet Insurance Company is able to offer you the Auctioneer Bond without broker fees and other restrictions that agencies are typically bound to.

The Nevada Auctioneer Bond Process With Jet

Once you click the button above to purchase your Auctioneer Bond, you will need to input required information for the bond and select how you would like to purchase the bond. After payment is complete, Jet will send you an emailed copy of your bond and a receipt to keep on file. 

Jet will prepare the bond form and even mail the bond to the requiring entity for you, unless you prefer to do that yourself. You can select the option to file the bond yourself when paying for the bond. 

The bond form must be filed to the corresponding office:

Requiring EntityAddress
City of HendersonCity of Henderson
Business Licensing Center
240 S Water St
Henderson, NV 89015
City of Las VegasLas Vegas City Hall
Department of Planning
Business Licensing Division
495 S Main St
Las Vegas, NV 89101
Clark CountyCounty of Clark
Department of Business Licensing
500 S Grand Central Pkwy, 3rd Floor
Las Vegas, NV 89155
Nevada Auctioneer Bond Filing Addresses

If you purchased your bond for one year (or multiple years), Jet will send you a renewal notice via mail and email when your term is nearing its end. Once you choose your new term and provide payment, Jet will complete the renewal without any additional paperwork required from you. Those on the monthly payment plan do not need to worry about renewals; each payment keeps the bond active!

To cancel the bond, send Jet an email at [email protected]. Our team will notify the city or county that your bond is on file with and they will begin a 30-day cancellation period. Once 30 days has been reached and Jet is released from liability, our team will calculate a refund based on the time left of the term that was purchased. Monthly payments are not eligible for a refund, but the payments will be stopped after the cancellation is finalized.

How Does an Auctioneer Avoid Bond Claims?

An auctioneer is bound to following licensing provisions as well as the local ordinances for auctions and auctioneers.

Failure to follow these regulations can often result in fraud or dishonest business practices that cause loss to purchasers or sellers of auctioned items. If you act in contrast to these ordinances and financially harm someone, that person can seek compensation through a claim on the Auctioneer Bond. 

Notify Jet right away if you receive a claim filing. We will review the evidence to check the validity of the claim. If it is legitimate, we are obligated to pay out the claim as restitution. However, keep in mind that unlike an insurance claim, you must pay back a claim payout from a surety bond. 

Nevada Auctioneer Bond Form

Notary Bond Application:

X

Business Information:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Employee Dishonesty Bond Application:

Business Information:

Business Description:

Coverage Requirements:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Contract Bond Application:

X

Business Information:

Owner Information:

Job Details:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Worker's Compensation Application:

X

Business Information:

Business Description:

Coverage Requirements

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information: