Short answer
Yes. Nevada licensed vehicle dealers are generally required to maintain a $100,000 surety bond as part of DMV licensing. The bond is separate from your insurance and protects the public — not the dealership.
What this means
A dealer bond is a surety bond required by the Nevada DMV before a dealer license is issued or renewed. It guarantees that the dealer will follow Nevada motor vehicle laws and pay valid claims for unpaid taxes, fees, or fraud.
If a valid bond claim is paid, the dealer is generally responsible for reimbursing the surety. That's why a bond is treated as a credit product, not insurance — it protects the public and the state, while your dealership insurance protects you.
- Required by Nevada DMV for licensed dealers
- Standard amount is $100,000 for most dealer classes
- Quoted as a small percentage of the bond amount, not the full $100,000
- Separate from garage liability, open lot, garagekeepers, and workers' comp
- Many dealers can quote and purchase the bond online
Nevada note
Bond approval, pricing, and eligibility vary by surety company, dealer experience, credit, and application details. Issuing a quote does not guarantee approval. Always confirm current Nevada DMV requirements with the licensing agent.
Dealership insurance is offered for Nevada dealers. Coverage availability, eligibility, limits, and pricing depend on the carrier, underwriting, application details, endorsements, exclusions, and Nevada DMV licensing requirements. This information is educational and is not legal advice or a guarantee of coverage.
Related Bond Requirement
Related: Nevada dealer bond requirement
Nevada dealers are typically required to maintain a $100,000 surety bond before licensing approval. We help you secure the right bond and coordinate it with your dealership insurance.
Next step
Book a free Nevada dealer coverage review to walk through garage liability, open lot, garagekeepers, workers' comp, umbrella, and your dealer bond together. For standard bonds you can also quote and purchase online.