NV salvage pool bonds.
$1,500 flat. Soft pull.
Nevada conditions a salvage-pool license on a $50,000 bond filed with the DMV under NRS 487.420. Ours is $1,500 flat — 3% of the bond amount, identical for every operator. One soft credit pull, e-signed in 1–2 business days.
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Three steps to licensed.
Your salvage-pool license is waiting on this bond. Here's the whole thing — no broker phone tag:
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 of these clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The credit check is a soft pull that never affects your score.
E-sign & file with the DMV
Pay online and receive the executed bond, ready to file with your salvage-pool license application. Wet-ink originals mailed whenever the Department 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 salvage pool bond actually guarantees
A salvage pool stores and sells salvage and total-loss vehicles, typically for insurers, at auction. Nevada licenses salvage-pool operators through the DMV under NRS Chapter 487, and NRS 487.420 conditions the license on a $50,000 corporate surety bond approved as to form by the Attorney General.
The bond is a consumer-and-public-protection guarantee: it backs the operator’s compliance with the salvage-pool provisions of the chapter, and any person injured by the operator’s violation may apply to the Director for compensation from the bond. It’s a three-party arrangement — you (the principal), the surety, and the State of Nevada with harmed parties as beneficiaries.
Like the wrecker bond, an operator in good standing for five years or more may, by agreement with the Department, qualify for a reduced bond — but never below $5,000. Until then the amount is $50,000. We issue it at a flat 3% with one soft credit pull; if the surety pays a claim, you repay the surety.
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.
Do I pay the $50,000? +
Who requires this bond? +
Is there a credit check? +
Can my bond amount go down? +
How is this different from the wrecker bond? +
Other New York bonds.
The DMV is waiting on one document.
$1,500 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.