Nevada requires every licensed motor vehicle broker to procure and file a $100,000 bond with the DMV under NRS 482.3333. Ours is $1,000 flat — set by our carrier's rate book for this bond, identical for every broker. A quick soft credit check may apply; it never affects your score.
















Your broker license is waiting on this bond. Here's the entire process — no broker phone tag:
Business details, owner information, effective date. The only extra step is a one-time consent to a soft credit pull.
A $100,000 bond gets a brief underwriting look; if anything else is needed, an underwriter reaches out within 48 hours. The credit check is a soft pull that never affects your score.
Pay online and receive the executed bond, ready to file with your motor vehicle broker license application. Wet-ink originals mailed whenever the DMV insists.
A motor vehicle broker arranges or negotiates vehicle sales between buyers and sellers for a fee, without holding the vehicles in inventory. Nevada licenses brokers through the DMV under Chapter 482, and NRS 482.3333 requires a broker to procure and file a $100,000 bond before licensure.
The bond is a consumer-protection guarantee. By statute it is conditioned on the broker conducting business without breaching a consumer contract, engaging in a deceptive trade practice, fraud, or fraudulent representation, and without violating Chapter 482. Consumers injured by the broker or its employees have recourse against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond must stay in force for the life of your broker license. Brokers who deal straight with their customers treat it as a license formality, not a risk.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.
Start the application →$1,000 flat, short application, e-signed bond in 1–2 business days. Free until issued.