Nevada dance studio bonds.
From $100.
Before a Nevada dance studio or health club advertises or sells prepaid lessons, NRS 598.946 requires the owner to register and deposit security with the Division of Consumer Affairs. The amount scales with your membership, starting at $10,000. Pricing starts from $100.
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How much does a Nevada dance studio bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard dance studio bond — enter your amount, pay, and deposit it with Consumer Affairs. Here is the whole thing:
Apply online
Your business details, your membership-tier amount, and the effective date — that is the application.
Issued on the spot
Most applicants are approved and issued as soon as they pay. No credit check up to $50,000. Above $50,000, a soft pull may add a short review.
Register & deposit with Consumer Affairs
Submit the executed bond with your dance studio / health club registration to the Division of Consumer Affairs. Wet-ink originals mailed whenever the Division insists.
What it is and who needs it.
What the dance studio bond actually covers
Nevada treats prepaid dance studio and health club contracts as a consumer-protection concern under its deceptive trade practices law. Before advertising services or conducting business, the owner must register and deposit security with the Division of Consumer Affairs under NRS 598.946.
The security amount tiers with membership: $10,000 for fewer than 400 members, rising through $15,000, $20,000, $25,000, $35,000, $50,000, and up to $250,000 for the largest clubs. A facility that presells lessons or services must post at least $100,000 unless a higher tier applies. Owners report membership quarterly and adjust the security accordingly.
The security is conditioned on the owner’s compliance with the dance studio / health club provisions and the terms of each buyer’s contract — so if the studio closes or breaches and a buyer is harmed, the buyer is protected. A surety bond is one accepted form (a letter of credit or certificate of deposit also qualify). We issue the bond with pricing from $100; no credit check up to $50,000, and any check that runs on a larger amount is a.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
Issued on the spot. Most applicants are approved and issued as soon as they pay. No credit check up to $50,000. Above $50,000, a soft pull may add a short review.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $50,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, priced from $100.
Submit the application with your membership-tier amount — most applicants see their price and an executed bond generated instantly, ready to deposit with Consumer Affairs.
Start the application →Common questions.
Other Nevada bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Dance studio bond, from $100.
Priced at 1% of the bond amount, $100 minimum. Enter your tier and register with Consumer Affairs the same day.