Notary Bond Application:
X
Nevada Body Shop and Garage Bond
Nevada motor vehicle body shops and garage owners looking to be licensed by the Nevada Department of Motor Vehicles must file a bond with the Occupational and Business Licensing section. Body shop business licensees need a $10,000 bond, while garage shop business licensees must hold a $5,000 bond.
Jet Insurance Company provides the Body Shop and Garage License Bond as an assurance to the Nevada Department of Motor Vehicles that the body shop or garage owner will follow the regulations of their license. If violations such as negligence, criminal misconduct, or fraud are committed, the surety bond acts as a financial guarantee for any consumer affected.
What Is the Lowest Price for the Nevada Body Shop Bond and Garage License Bond?
At Jet, offered bond rates are a small percentage of the bond limit, and based on a soft credit check of the applicant. Our prices for both the $5,000 and $10,000 limit start at $100 annually or $10 monthly. You can also take a look at the chart below for additional preferred tier rates for Jet’s multi-year and monthly options.
| Bond Term | Cost |
|---|---|
| Monthly | $10 |
| 1 Year | $100 |
| 2 Years | $175 |
| 3 Years | $250 |
Our monthly payment plan is a great option for a body shop or garage owner who is looking to maintain their bond and business license for the foreseeable future and at an affordable price. All you need to do is set up a preferred account for ongoing payment and your bond will remain active until cancellation is requested.
Why Does the Nevada DMV Require the Garage Bond and Body Shop Bond? Who Needs It?
The Nevada Department of Motor Vehicles requires body shops and garage owners to be licensed with the Occupational and Business Licensing section and maintain the Garage License Bond or Body Shop Bond, depending on the type of work being performed. The qualifications for body shops and garages can be found defined below:
Body Shop: any business located in the State of Nevada where the body of a motor vehicle is painted, fixed, repaired, or replaced for compensation
Garage: a business establishment, sole proprietorship, firm, corporation, association, or other legal entity in the State of Nevada that performs internal services on motor vehicles such as engine tune-ups, diagnostic testing, alignment, oil changes, etc.
Certified Class A body shops are not required to file a Body Shop License with the Nevada Department of Motor Vehicles. Further details on what a Class A body shop is can be found on the Body Shop Class A Certification Information Sheet.
The Body Shop Bond and Garage License Bond are mandated as license application prerequisites to ensure that the licensee will be held accountable for their actions, the bond also as acts as a source of financial protection for Nevada consumers if they face damages due to a license violation.
Applying for a Nevada Garage Bond or Body Shop Bond With Jet
Applying for the Nevada Garage License Bond or Body Shop Bond can be completed from the comfort of your home. The online application asks for general information such as your contact details, license type, and personal social security number for a soft credit check?no need to worry though, this won’t affect your score. You will receive approved price options as soon as your completed application has been submitted and quickly reviewed by Jet. All you need to do is choose your preferred bond term and fulfill the payment. A copy of your receipt and bond form will then be sent to your email for your records. It’s as easy as that!
Can Jet File the Nevada Body Shop and Garage License Bond for Me?
Yes, Jet can file your bond at no extra cost! However, if you would like to file the bond yourself, this option is available for selection at check out. The Nevada Department of Motor Vehicles requires the original signed and sealed Body Shop and Garage License Bond to be filed with the Occupational and Business Licensing section.
The surety bond and required business license paperwork should be sent to the following mailing address:
Nevada Department of Motor Vehicles
Occupational and Business Licensing
555 Wright Way
Carson City, NV 89711
Regarding new business license applicants, all the forms you will need can be found on the “Occupational & Business Licensing” webpage.
Can I Cancel My Garage or Body Shop Bond and Get a Refund?
You can request to cancel your bond with Jet at any time. Simply send us a written cancellation request to [email protected] and we will begin the process. The Nevada Department of Motor Vehicles requires a termination notice to be sent by the surety company (Jet) by certified mail. Once received, the liability of the bond will be released within 30 days.
As for refunds, Jet will review your account for any unearned premium and will reimburse you for such amount once the bond has been officially released by the Nevada Department of Motor Vehicles (refunds are only given to those with multi-year contracts as the premium for a 1-year bond term is fully earned).
If you are part of Jet’s monthly plan, you will be required to make one last payment during the 30-day grace period as your bond is technically still active. Payments will immediately cease once this step has been completed.
How to Renew Your Nevada Garage License and Body Shop Bond
The standing of your business license with the Nevada Department of Motor Vehicles relies on the status of your Garage License and Body Shop Bond. Therefore, your bond will need to remain active if you wish to keep your body shop or garage business operational.
At Jet, monthly payment bondholders don’t have to worry about renewals! Your bond will stay active as long as payments are made or cancellation is requested.
As for those who paid for their bond in full upfront, Jet will send you a renewal invoice far in advance of your bond term expiration date. Simply make payment and your bond will be set for another term.
How Does a Nevada Business Owner Avoid a Claim on Their Garage or Body Shop Bond?
Nevada body shops and garage owners are expected to follow rules and regulations pursuant to Nevada Revised Statutes Chapters 487, 597, and 598 as it pertains to the standards of their license. Failure to uphold such obligations can result in large fines, the loss of your business license, and civil action that ultimately could lead to a claim on your bond.
Common causes for a claim on the Garage and Body Shop Bond include acts of negligence, criminal malfeasance, and fraud committed by the business owner or their employees. For example, consumer damages can occur if an owner (or employee) of a body shop or garage fraudulently charges a customer for an expensive version of a part, but installs the generic version and then proceeds to pocket the difference. This is a license violation and the damaged party may seek restitution through civil action. If the Nevada State court rules in favor of the claimant, the licensee’s Body Shop and Garage Bond will cover losses incurred up to the bond limit.
Lorem ipsum dolor sit amet consectetur adipisicing elit. Odit voluptates explicabo laboriosam. Repellat id illo eum expedita necessitatibus quibusdam at adipisci culpa consectetur vero repudiandae eius aspernatur aut nostrum, hic earum ex porro laboriosam ut doloribus cum nemo omnis. Quisquam.
It is in your best interest to try and resolve any issues with damaged customers before a loss of your business license, legal action, and a costly bond claim ensues.
What Happens if I Get a Nevada Body Shop and Garage Bond Claim?
Contact Jet as soon as possible with all available details and documentation about your claim. We will need this information for our own review and investigation of the accused violation. Unjust claims brought on by a civil court are rare, but we still want to cover all bases of an investigation in case a mistake has in fact been made against you.
If Jet finds the claim to be justified, we are obligated per the Vehicle Industry Business License Bond form OBL269 to make payment up to the bond’s limit (payouts will never exceed this amount). Not only are you responsible for your actions, but also the actions of your employees. Because of this, you will be required to reimburse Jet for the claim amount made on your behalf. Failure to do will lead to future difficulties in obtaining a surety bond, specifically the Nevada Body Shop License and Garage License Bond which is required for licensing by the Nevada Department of Motor Vehicles.
