Nevada Private Postsecondary School Bond
AmeriPro Surety Bonds | 844-589-9732
Surety Bond; Purpose
The Nevada Department of Education, Private Schools, requires private postsecondary schools to furnish evidence of financial responsibility in the form of a $5,000 surety bond.
Pursuant to Nevada Revised Statutes, 394.271, the surety bond requirement is a financial guarantee that you will indemnify any students, their parents or guardians, or enrollees, for harmful violations of the Private Elementary and Secondary Authorization Act, as amended.
Qualifying and the Premium
Our agency offers you the $5,000 Nevada private postsecondary school bond and qualifying is by means of submission of a short surety bond application.
The approval process includes an application review and a credit check inquiry by a surety bond underwriter. Approval is determined on the basis of good credit.
To facilitate ease and quickness of completing the application, our agency offers you the ability to complete and submit your application through DocuSign.
Approval is offered for 1 year a $100.
Upon approval of your surety bond and payment of the premium, our agency issues your surety bond to you along with a Power of Attorney form.
Our agency signs your surety bond as Surety; upon receipt by mail, you’ll sign your bond as Principal. You’ll then file your completed surety bond and POA form to:
State of Nevada
Department of Education, Private Schools
700 E. Fifth Street
Carson City, NV 89701
Premium Prepayment Options
Your postsecondary surety bond may be prepaid for 2 or 3 years, thereby lengthening the time between renewals, and offering you a savings on premium amounts.
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.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, Court, probate, and other surety bonds in Nevada and all 50 states.
Please call our agency today at:
Or, you may fill out the form below and a Surety Agent will contact you…