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North Las Vegas water deposit bonds.
From $125.

When the City of North Las Vegas water utility asks for a deposit to open or hold an account, a surety bond can stand in for tying up cash. Pricing starts from $125 and no credit check up to $15,000 — enter the amount the utility set on your account and your exact price appears at the application.

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Posted in lieu of a cash deposit with the City of North Las Vegas water utility — frees up your working capital
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Amount equals the deposit the utility requires on your account — enter it and see pricing from $125
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No credit check up to $15,000 — above that, a soft pull at most, which never affects your score
2% of bond amount$125 minimumRated pricingby bond amountNo credit check up to $15,000above that, a soft pull at most, never a hard inquiry
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a North Las Vegas water deposit bond cost?

2% of the bond amount plus a $25 fee, from $125. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

No underwriting queue for the standard deposit bond — enter your amount, pay, and file with the City. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the utility account number and service address, the deposit amount, and an effective date — that is the application.

INSTANTLY

Issued on the spot

No credit check up to $15,000. Above $15,000, a soft pull may add a short review.

SAME DAY

File with the City utility

The original bond is mailed for you to sign as principal and file with the City of North Las Vegas water utility in place of the cash deposit. Wet-ink originals are standard.

About this bond

What it is and who needs it.

What the deposit bond actually does

When a utility opens or holds an account, it often wants a security deposit against unpaid charges. The City of North Las Vegas water utility accepts a surety bond in place of that cash deposit — so instead of tying up the full amount with the City, you pay a premium starting from $125 and keep your capital working.

It's a three-party arrangement: you (the principal), the surety carrier, and the City of North Las Vegas (the obligee). The bond guarantees payment of your water charges up to the bond amount — if the account goes unpaid, the City can recover against the bond.

It is not insurance for you — if the surety pays the City, you repay the surety. Account holders who pay on time treat the bond as a cash-flow tool. We issue the amount the utility set, priced from $125 with no credit check up to $15,000 required, and mail the original for filing with the City.

City of North Las Vegas water utility (deposit in lieu of cash)The City of North Las Vegas water utility requires a security deposit on certain accounts and accepts a surety bond in lieu of a cash deposit. The bond runs in favor of the City and guarantees payment of water charges up to the bond amount; the required deposit amount is set by the utility on your account. Confirm the amount with the City — we issue and mail the bond the utility requires.

You need this bond if you are

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Opening a North Las Vegas water account that requires a security deposit to establish service
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A business or builder wanting to avoid a large cash deposit with the City utility
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Re-establishing service after a deposit requirement was placed on the account
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Managing multiple service addresses and preferring a bond over cash tied up at each
After you buy

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

File with the City utility. The original bond is mailed for you to sign as principal and file with the City of North Las Vegas water utility in place of the cash deposit. Wet-ink originals are standard.

What sets the price

The premium is 2% of the bond amount plus a $25 fee, $125 minimum: the amount the obligee sets moves the price, not your business profile.

No credit check up to $15,000. 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, issued on the spot.

Submit the application with your utility account number, service address, and deposit amount — the executed bond is generated and mailed for filing with the City.

Start the application →
FAQ

Common questions.

How much is the North Las Vegas water deposit bond?The premium is 2% of the bond amount, with a $25 fee and a $125 minimum. The amount itself equals the deposit the City of North Las Vegas water utility set on your account — enter that figure and apply to see your exact price.
Why would I post a bond instead of a cash deposit?A cash deposit ties up the full amount with the City until you close the account. A surety bond costs a fraction of that amount and keeps your capital working — same protection for the City, far less cash out of pocket for you.
Is there a credit check?No credit check up to $15,000. Above that, the carrier may run a soft pull, which never affects your score.
What does the bond guarantee?Payment of your water charges to the City of North Las Vegas up to the bond amount. If the account goes unpaid and the City claims against the bond, you repay the surety — it stands in for the cash deposit, not for the bill itself.
How do I file it?The original bond is mailed to you to sign as principal, then filed with the City of North Las Vegas water utility in place of your cash deposit. We deliver it ready to sign and submit.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Price and requirements checked on the carrier’s application, . Page updated .

Keep your cash. Post a bond instead.

Pricing from $125. Enter the deposit the utility required and file the same day.

Your premiumfrom $125
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