Nevada Surety Bonds are three party agreement between the applicant (principal), surety bond company (surety) and the obligee (often the state of Nevada). Nevada has many surety bond requirements including for many state issued licenses, court filings, probate proceedings, notaries and public construction projects.
The cost of a Nevada surety bond depends on the type of obligation being guaranteed. Most applicants will pay between 1% - 3% for Nevada Surety Bonds.
Most license and permit bonds will cost 1% or less per year. Nevada contract bonds may cost 0.5% - 3%, depending on the qualifications of the applicant.
There are many licensed surety bond companies and bond brokers in Nevada. A broker needs to have a Nevada property and casualty license to sell surety bonds in the state. While many brokers have such licenses, customer should pick those that specialize in surety bonds.
Axcess Surety works with many of the largest bond companies in the country to get Nevada customers the best terms and conditions. We also have one of the largest selections of online Nevada surety bonds so that applicants can purchase Nevada bonds online.