The City of Las Vegas may require a surety bond to be filed for the issuance of construction licenses or permits to work within the city. The bond shall be used to protect the city and its citizens from being damaged based on the actions of the licensee or permittee.
Jet Insurance Company works directly with you during bond issuance, removing third-party agents from muddling up the process.
You can purchase your Las Vegas License/Permit Bond for as low as $100 per year with Jet. Check the chart below for starting rates for a preferred credit applicant at different bond limits.
Since no middlemen are involved, Jet keeps your costs low by getting rid of extra fees and commissions.
You can apply for a Las Vegas License or Permit Bond through Jet’s simplified application. We only ask for the required information to get you your bond, such as the bond limit and general business information. If the limit is over $25,000, we will check credit so a social security number will also be needed. Once you are done with the application, you will receive an approved rate that’s ready to purchase. If your application needs to be reviewed, you will be emailed a quote.
Jet will then complete the bond form and send it over to you to file with the City as instructed.
Las Vegas City Hall
495 S Main St
Las Vegas, NV 89101
When your bond term is ending, Jet will send you a renewal notice via mail and email. Simply select your new term and provide payment to keep your bond active. If you need to cancel the bond, send an email to [email protected]. Our team will contact the city to begin the 30-day cancellation period.
License and Permit Bonds are generally put in place to protect against a contractor violating the terms of the license/permit. As long as you follow those terms and applicable provisions in the Las Vegas Municipal Code, you should be able to avoid claims on your bond.
If you do receive a claim, tell Jet right away so we can go over the evidence. If there’s a way to address the problem and resolve it, it would be best to do so before it escalates even more. If you refuse to or are unable to do so, Jet will have to pay the injured party (whether an individual or the city) to account for whatever damage you caused. You will be responsible for restoring that money to Jet.
The Las Vegas Municipal Code indicates bonding requirements for licensees or permittees found below (to name a few):