NV managing general agent bonds.
$1,500 flat. Soft pull.
A Nevada managing general agent must maintain a $50,000 bond under NAC 683A.460 (and may carry errors-and-omissions coverage as well). Ours is $1,500 flat — 3% of the bond amount, the same for every MGA. One soft credit pull.
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Three steps to licensed.
Your MGA license is waiting on this bond. Here's the entire process:
Apply once, online
Business details, owner information, effective date. The only extra step is a one-time consent to a soft credit pull.
Reviewed & approved
Most clear quickly; if underwriting needs anything, an underwriter reaches out within 48 hours. The credit check is a soft pull that never affects your score.
E-sign & file with the Division of Insurance
Pay online and receive the executed bond, ready to file with your MGA license application or renewal. Wet-ink originals mailed whenever the state insists.
The whole pricing page.
$50,000 bond × 3% = $1,500, one-time per term. Fixed amount, fixed price, multi-year if you want it.
What it is and who needs it.
What the bond actually guarantees
A managing general agent (MGA) underwrites and administers insurance business on behalf of an insurer, with authority that goes well beyond an ordinary producer. Nevada licenses MGAs under NRS Chapter 683A, and NAC 683A.460 requires an MGA to maintain a $50,000 bond and may also carry errors-and-omissions coverage.
The bond is a guarantee of lawful, honest conduct: it stands behind the MGA's compliance with Nevada insurance law and protects parties harmed by an MGA's fraudulent or dishonest acts. Because an MGA handles binding authority, claims, and funds for the insurer it represents, the state wants a financial backstop in place.
It is not insurance for you — if the surety pays a claim, you repay the surety. An MGA must also be licensed as a producer to represent an insurer in Nevada. The bond must stay in force for as long as you operate as an MGA.
You need this bond if you're
Five minutes. The whole thing.
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 →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Nevada managing general agent bond? +
Do I pay the $50,000? +
Can I use E&O coverage instead of the bond? +
Is there a credit check? +
When does it renew? +
Other New York bonds.
The Division of Insurance is waiting on one document.
$1,500 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.