1 (844) 589-9732

Nevada Salvage Pool Bond

Nevada Salvage Pool Bond | AmeriPro Surety Bonds | 844-589-9732



Nevada Salvage Pool Vehicles



Nevada salvage pool companies come fall under the authority of the Occupational Business & Licensing division of the Nevada Department of Motor Vehicles.

Their address is:

Occupational and Business Licensing

555 Wright Way

Carson City, Nevada 89711




Salvage Pool Vehicles: Definition



In order to qualify as a salvage pool vehicle, at least one of the following three qualities must be true about the vehicle to be salvaged:

The vehicle has sustained flood damage:

Flood damage occurs when the vehicle has sustained water damage which has entered into the electrical components and engine of the vehicle.

If the vehicle is a total loss:

A total loss occurs when damage to the vehicle is such that the cost to repair the vehicle is greater than the vehicle’s current market value, defined in Nevada as exceeding 65% of the fair market value of the vehicle.  If it is less than 65%, then the vehicle is not considered a “total loss”.

If the vehicle is non-repairable:

Non-repairable vehicles are vehicles which may have lost or have had removed so many parts such that the vehicle is permanently rendered inoperable.



Salvage Pool Companies in Nevada



Salvage pool companies are companies which acquire one of the three types of vehicles listed above from either insurance companies who have acquired the vehicle in settlement of a claim, or vehicle dealers, wreckers, and others.



Obtaining a Nevada DMV Salvage Pool License



Included in the requirements for a DMV salvage pool license are the following:

  • At least one applicant, a principal of the business, must fill out the business application license. There is a non-refundable application fee of $301;
  • ALL principals of the business, not just the applicant, must fill out a personal history questionnaire. This questionnaire will include questions about prior job histories; any arrests and convictions, if applicable; and whether or not the person replying is in arrears in any child support payments;
  • Fingerprints for all principals of the business, along with a $36.25 fee;
  • A brick and mortar business location with signs 8 inches high and 1 inch across that is permanently attached to the building;

A surety bond in the amount of $50,000.00



Nevada Salvage Pool Surety Bond



A Nevada salvage pool bond is required to guarantee that the salvage pool company will act in accordance with the laws of Nevada.

This surety bond protects consumers, businesses, and the state of Nevada from criminal or fraudulent acts which may be committed by a Nevada salvage pool company.



Cost of the Nevada Salvage Pool Bond



While the face amount of the salvage pool bond is $50,000, the cost (premium to be paid) will be a fraction of that amount.

The amount of premium which will be required is almost entirely if not entirely credit-score driven.



AmeriPro Surety Bonds



AmeriPro Surety Bonds will help both those who are new to the salvage vehicle business and require this surety bond for the first time and those who are renewing their surety bond.

AmeriPro Surety Bonds provides salvage pool bonds, contractor, court and license and permit bonds in Nevada and all 50 states.



Please allow us to be of service to you by calling us at:  844-589-9732.

AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

apply today

recent news

Lost Cashier’s Check Bond | Lost Instrument Bond

If you’ve lost a cashier’s check or money order, to replace it, the banking institution will require that a “Lost Instrument bond” be purchased in order to re-issue it. Learn how to quickly purchase this bond with AmeriPro Surety Bonds.

Mortgage Broker Bond

A mortgage broker bond is a license and permit bond which states require to become properly licensed and which is also required to protect the public from wrongful acts committed by a mortgage broker.

Notary Public Bond California

A notary bond, also known as a notary public bond, is a bond that is required by the state of California to engage in the business of witnessing signatures on documents. 

Connecticut Professional Conservator Bond

Connecticut Professional Conservator Bond | AmeriPro Surety Bonds | 844-589-9732   Surety Bond; Amount and Purpose   The state of Connecticut offers a professional conservator probate program which pays a monthly fee to the appointed conservator on behalf of...

Ginnie Mae Lost Instrument Bond

Ginnie Mae Lost Instrument Bond | AmeriPro Surety Bonds | 844-589-9732 Surety Bond; Amount and Purpose   A Ginnie Mae lost instrument bond, formally known as a Lost Instrument Bond with Limited Liability, is required by this federal agency when a property ---...

West Virginia Attachment Bond

West Virginia Attachment Bond | AmeriPro Surety Bonds | 844-589-9732   Surety Bond; Amount and Purpose   An attachment order allows a Plaintiff, prejudgment, in a civil case, to seize and take possession of the disputed property held by a Defendant. A...

contact us

Office: 1 (844) 589-9732

Hours of Operation:

Monday – Friday 6 am to 5 pm (PST)