Nevada Bail Agent License Bond

Nevada Bail Agent License Bond

Nevada bail agents, solicitors and general agents must file a Nevada Bail Agent License Bond with their application for a license to operate in Nevada. Jet Insurance Company is the only direct writer of surety bonds in the nation, allowing us to reduce costs and offer you the lowest rates available on the Nevada Bail Agent License Bond.

QUOTE

The Nevada Division of Insurance (DOI) sets the bond amount based on the license type as follows:

Most bail agents will need to purchase a $25,000 bail agency bond for their company, and a $25,000 bail agent bond for each licensed agent. If you employ licensed bail solicitors, essentially apprentice agents that can’t issue bail bonds, they will also need a $10,000 bond. We make the process fast and easy, so you can get back to business issuing bail bonds for your customers (don’t worry, we want no part of the bail bonds).

What Is the Lowest Price for the Nevada Bail Agent Bond?

Jet price on the Nevada Bail Agent Bond is only $10 monthly or $100 a year for the $10,000 bond. For the larger bond amounts, rates start as low as 1% of the bond amount. Our preferred pricing for agents with good credit and industry experience is below:

Bond TypeMonthly CostAnnual Cost
Bail Solicitors - $10,000$10$100
Bail Agents - $25,000$25$250
General Agents - $50,000$50$500
Nevada Bail Agent License Bond Cost

With our monthly option, pay as you go and cancel any time. If you pay up front and cancel before your bond expires, Jet automatically returns any unused portion of your premium to you.

Why Is the Nevada Bail Agent License Bond Required?

The Nevada Division of Insurance requires Bail Agents and Solicitors to file a bond to provide financial protection to Nevada’s constituents if the agent fails to follow license law and regulations. Agents are tasked with several duties and certain prohibitions in Nevada NRS Chapter 697. Bail agents are expected to follow the law, so the surety bond will only kick in if the agent runs afoul of the regulations, namely failing to rightly reimburse collected collateral.

Buy Your Nevada Bail Agent Bond with Jet

GET A QUOTE

Jet’s application is simple and fast. Click the button above to get your quote. For the larger $25,000 and $50,000 bonds, we’ll need to check your credit, but don’t worry, it won’t affect your credit score. The application, quote and checkout process takes less than a minute to complete.

Jet is the only company to offer a monthly subscription for the Nevada Bail Agent License Bond. Jet’s monthly payments require zero down payment, zero interest and zero fees. You can cancel the bond at any time by simply stopping payment.

How Does the Bail Agent License Bond Get Filed to the Nevada DOI?

We like the folks at the Nevada Department of Insurance, but they’re a bit old-school and require the original bond with a raised seal to be filed by mail. As soon as you buy your bond with Jet, a bond copy is available immediately for download and by email. We’ll also ship the original bond out to you in the mail.

When you receive your original bond by mail, you should sign your name as “Principal” and mail the bond form to the Department of Insurance’s Carson City Address below:

Nevada Division of Insurance
1818 E College Pkwy, Ste 103
Carson City, NV 89706-7942

What If I Need to Cancel the Bond?

As a surety bond agent yourself, you’ve probably uttered the words “fully-earned”. With Jet, that lingo is not in our vocabulary. If you need to cancel your bond for any reason, simply stop paying your monthly subscription or let us know you need to cancel your bond. If you paid up front, we’ll return any unused portion of your bond premium to you. 

The only stipulation comes from the Nevada DOI, which requires that the effective date of the bond cancellation be at least 30 days after we send the notice.

Easy Bond Renewals, or…Gone Forever!

Jet makes your bond renewal easy, or eliminates the headache altogether! With our monthly subscription, if your payment goes through, your bond stays active. It’s as simple as that. 

If you decide to pay up front, we’ll send you reminders by email and mail to make sure your bond stays active. You can pay online or send us a check, whatever works best for you.

While bail agents need to renew their license with the Nevada DOI every three years, your bond is continuous, meaning it stays active unless you ask us to cancel it or stop paying. 

If your monthly subscription changes for some reason, we’ll let you know and you can decide if you want to opt out.

How Can Bail Agents Avoid Bond Claims in Nevada?

The short answer is follow the law (NRS Chapter 697) and you and your agency will be protected from claim payouts. Surety bonds are designed to protect the public from activity that is specifically prohibited by law. There is a fairly long laundry-list of regulations that pertain to bail agents specifically, and insurance agents more generally. 

Below are some of the common issues that can lead to a problem for bail agents:

Both the Commissioner of the Nevada Division of Labor and customers of the bail agent can file claims against the surety bond. The Commissioner may levy fines up to $500 per violation. If the Commissioner receives a complaint, or initiates one, bail agents can request a hearing that must be held within 30 days of the request.

What Happens if I Get a Nevada Bail Agent License Bond Claim?

As the Surety on your bond, Jet is incentivized to defend you against frivolous or invalid claims. When a claim is received, Jet will reach out to you right away to build your defense. 

Not all claims are alike. If we receive a claim directly from the public, Jet’s legal team will take steps to first make sure that the bond provides coverage for the alleged actions. If the claim is unwarranted, we will reject the claim outright and let you know. If a claim holds water, we will start an investigation. Because surety bond claims are ultimately the responsibility of the bond principal (you), we will ask for your cooperation and documentation to help you avoid a payout.

Often, complaints or claims start with the Commissioner of the Nevada DOI. Under these circumstances, bail agents should work with the Commissioner to resolve any issues. Bail agents can also request a hearing to be conducted within 30 days with the Commissioner. If you find yourself in this situation, it’s best to work with the DOI to fix the issue. As the regulator, the Commissioner is the judge and jury when it comes to licensing and consumer issues. If Jet receives a claim from the Commissioner, we have no choice but to pay out the claim up to the bond amount.
If you respond diligently to a claim issue, and pay us back for any paid claims, Jet will work with you to reinstate the bond.

Are There Other Bonds That a Nevada Bail Agent Needs?

Other than the three bonds covered in this article, Nevada does not require Bail Agents to purchase any other surety bonds. However, most agencies employ one or more notary publics to notarize legal documents. Jet offers the notary public bond in Nevada for just $50 for the 4 year term.

Nevada Bail Agent License 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: