Nevada Body Shop Bonds | AmeriPro Surety Bonds | 844-589-9732
Nevada Body Shops
The Nevada state legislature formally defines a Nevada body shop as, “…any place where the body of a motor vehicle is painted, fixed, repaired or replaced for compensation.” NRS 487.352
Nevada body shops fall under the direct jurisdiction of the Occupational License Division of the Nevada Department of Motor Vehicles.
Qualifying and the Premium
You are automatically approved for the $10,000 Nevada body shop bond. When you call us, we’ll take the company name that you want on the surety bond and the address. We’ll also request the name of the County in which your business is located. After payment of the $100 premium, our agency issues this bond to you immediately.
Once issued, your surety bond is mailed to you by the following business day at the latest. The bond will have our signature as Surety and you will sign it as Principal before. You are also required to your bond notarized as Principal before with the state. All required filing documents as it relates to your surety bond will be provided to you.
Additional Premium Payment Options
The $100 premium for this surety bond is for a one year term and the bond and the premium renew on the anniversary of its issuance. Our agency also offers you the option to prepay your bond for up to 3 years. Prepayment of your premium allows you a savings over annual renewal.
The premium prepayment option and savings are as follows:
- If prepaid for 2 years, the premium is $180, a $20 savings;
- If prepaid for 3 years, the premium is $260, a $40 savings.
Starting a Nevada Body Shop Business: Requirements
Starting a business, especially one that requires state licensing and approval, may seem to be a daunting task.
However, such requirements must be met to satisfy and comply with state laws, care of the environment (if this is applicable); and, importantly, the protection of the consumer public.
Among other requirements not listed here, a person founding a Nevada body shop must do the following:
- Application for a Nevada Department of Motor Vehicle occupational business license;
- A $301 application fee to the Department. This fee is non-refundable;
- For first-time applicants, submission of fingerprints. These fingerprints are forwarded to the FBI and Central Repository Recovery for Nevada Criminal Records. There is a non-refundable fee associated with this for $36.25.
The Place of Business for a Nevada Body shop:
As undoubtedly thought, a Nevada body shop will maintain regulations and restrictions as to where business can be conducted. These rules, though not necessarily, all encompassing, include the following:
- The place of business must be within Nevada;
- The building must have a permanent enclosure;
- The place of business must have a sign which is permanently fixed, is at least 8 inches high and at least 1 inch wide. In addition to this, the sign must be visible from the center of the nearest highway.
Finally, in addition to the above, Nevada body shops and Nevada garages are required to post a $10,000 surety bond.
Nevada Body Shop Bond
The $10,000 surety bond for Nevada body shops is required by the Occupational Division of the Nevada Department of Motor Vehicles before a body shop license will be issued. This bond protects the consumer from acts of fraud, negligence, or criminal malfeasance which may be committed by the Nevada body shop.
This surety bond, therefore, does not protect the Nevada body shop at all.
The bond may be more correctly thought of as a type of insurance that a body shop is required to purchase on behalf of the public and the Nevada Department of Motor Vehicles; or even as a form of an extension of credit.
AmeriPro Surety Bonds
AmeriPro Surety Bonds is a surety bond-only agency which works to make your surety bonding experience pleasant. We provide court, commercial, fiduciary, and contract bonds in Nevada. We also provide surety bonds in all 50 states.
Please call our agency today at: 844-589-9732
Or, you may fill out the form below and an agent will contact you.