Nevada Driver's School Bond Guide
If you're looking to open a driving school in Nevada, you'll need to secure a surety bond as part of the state’s licensing process. In this guide, we’ll walk you through everything you need to know about these bonds.
Bond Overview
- Purpose: To ensure driving schools comply with state regulations
- Who Needs It: All driver’s schools in Nevada
- Regulating Body: The Nevada DMV, Occupational and Business Licensing Unit
- Required Amount: $10,000
- Premium Rates: Start at $100, credit-based
What Are Nevada Driving School Bonds?
A Nevada driver’s school bond ensures that the school will:
- Operate legally and comply with state regulations
- Maintain ethical business practices and prevent fraud
- Follow the legal requirements under Chapter 483 of Nevada Statutes
These bonds protect the public and students from financial loss if a driver’s school or its instructors are fraudulent or fail to meet state regulations.
How Much Do Nevada Driving School Bonds Cost?
The cost of a Nevada driver’s school bond typically starts at $100 for a one-year term. However, rates may vary based on your credit score and financial standing. Get a free quote today by applying below.
SuretyBonds.com offers the lowest available rates available from our nationwide network of providers.
How Does a Nevada Vehicle Industry License for Driver’s School Bond Work?
By purchasing a driver’s school bond, you enter a legally-binding contract between three parties:
- Principal: The driver’s school operator(s) applying for the bond
- Obligee: The Nevada Department of Motor Vehicles requiring the bond
- Surety: The provider issuing the bond
If the principal violates the bond terms, harmed parties can file a claim. For example, driving students could file a bond claim if the school fails to provide a safe training environment or adequate facilities.
How Do I Get a Nevada Driver’s School Bond?
SuretyBonds.com offers the fastest and easiest way to get a driver’s school bond in Nevada. Just complete these three quick steps:
- Apply: Submit an online request form
- Quote: Receive your free quote within one business day
- Purchase: Checkout online or over the phone
We’ll deliver your official bond form via your preferred shipping method. Sign and file the original bond with the Department of Motor Vehicles.
Can I Get Bonded With Bad Credit?
Yes, you may be able to get a driver’s school bond even with bad credit. We approve 99% of applicants and will explore our nationwide markets to find the best available rate for you. Apply now to get started!
How to Renew Your Driver’s School Bond
You must renew your driver’s school bond before the current one-year term ends. A SuretyBonds.com representative will contact you with a quote for the next term during the renewal period. All you need to do is pay your renewal invoice to maintain an active policy for another year.
The surety can cancel the bond by providing 30-day’s written notice to the Nevada Department of Motor Vehicles.
How to Open a Driver’s School in Nevada
To get licensed as a driver’s school in Nevada, you must fulfill several requirements. Complete the following steps to apply:
- Submit application and forms: Complete the business license application, personal history questionnaire and fingerprint background waiver
- Show documentation: Submit a passport-sized photo, fingerprints, proof of insurance, business license and corporate documents (if applicable)
- Obtain surety bond: Provide proof of a $10,000 surety bond
- Submit business details: Provide your FEIN, business email and proof of a physical location in Nevada
Once all requirements are reviewed and approved, you can operate a driver’s school in Nevada.
