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Nevada third-party administrator bonds.
From $1,000.

A Nevada third-party administrator files a continuous bond with the Commissioner of Insurance under NRS 683A.0857 — not less than $100,000, with the amount set by the Commissioner from the money the TPA receives and distributes. Premiums are 1% of the bond amount — your exact price appears at the application.

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Required for your NV third-party administrator certificate under NRS 683A.0857
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Amount set by the Commissioner — not less than $100,000, scaled to the money you handle
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Premiums from $1,000 — priced at 1% of the bond amount, your exact price at the application
From $1,000premiums start hereInstantapproval for mostSoft pull onlynever a hard inquiry
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
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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 Nevada third-party administrator bond cost?

1% of the bond amount, from $1,000 at the $100,000 minimum. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

Enter your amount, consent to a soft pull, pay, and file with the Commissioner. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the bond amount the Commissioner required, and the effective date — plus a one-time consent to a soft credit pull.

WITHIN 48 HOURS

Reviewed & approved

A six-figure bond gets a brief underwriting look; if anything else is needed, an underwriter reaches out within 48 hours. One soft credit pull, never a hard inquiry, and it never affects your score.

1–2 BUSINESS DAYS

E-sign & file with the Commissioner

Receive the executed bond, ready to file with your TPA certificate application or renewal. Wet-ink originals mailed whenever the state insists.

About this bond

What it is and who needs it.

What the TPA bond actually covers

A third-party administrator (TPA) collects premiums, adjusts claims, or otherwise administers insurance or benefit plans on behalf of insurers and employers. Nevada licenses TPAs through the Commissioner of Insurance under NRS Chapter 683A, and NRS 683A.0857 requires a continuous bond, not less than $100,000.

The Commissioner sets the amount on a schedule tied to the money the administrator receives and distributes — so a TPA handling larger fund flows posts a larger bond. The bond inures to the benefit of anyone damaged by the TPA's fraudulent conduct, and is conditioned on the faithful accounting and application of all money coming into the TPA's hands.

It is not insurance for you — if the surety pays a claim, you repay the surety. Some entities (such as certain HMO and nonprofit hospital/medical-service administrators) are exempt. We issue any amount the Commissioner sets; premiums start from $1,000, with your exact price set at the application.

NRS 683A.0857 (Commissioner of Insurance)Under NRS 683A.0857, a Nevada third-party administrator must file with the Commissioner of Insurance a continuous bond, in an amount the Commissioner determines but not less than $100,000, set on a schedule tied to the money the administrator receives and distributes. The bond inures to the benefit of persons damaged by the administrator's fraudulent conduct and is conditioned on faithful accounting and application of all money handled. Confirm your required amount with the Commissioner.

You need this bond if you are

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Applying for a NV third-party administrator certificate through the Commissioner of Insurance
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Administering insurance or benefit plans — collecting premiums or adjusting claims for others
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Renewing your TPA certificate or adjusting the bond as your fund volume changes
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Expanding into Nevada from another state and getting certified here
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A court bond answers to the court and the party its order protects: if the judgment or order the bond secures is not satisfied, that party can claim against it, up to the penal sum the court set.

The surety pays a valid claim after the court rules, and you repay the surety. A court 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

E-sign & file with the Commissioner. Receive the executed bond, ready to file with your TPA certificate application or renewal. Wet-ink originals mailed whenever the state insists.

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.

One soft credit pull, never a hard inquiry, and it never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application: approved instantly, or after a quick credit check.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once with the Commissioner-set amount and your bond is typically issued within 1–2 business days.

Start the application →
FAQ

Common questions.

How much is the Nevada third-party administrator bond?Premiums are 1% of your bond amount. The bond amount itself is set by the Commissioner of Insurance — not less than $100,000, scaled to the money you handle. Your exact price appears at the application.
How does the Commissioner set my bond amount?On a schedule tied to the money your TPA receives and distributes. The floor is $100,000, and larger fund flows mean a larger bond. The exact figure is on your filing — enter it at the application for your quote.
Do I pay the bond amount?No. The bond amount is the surety's maximum liability to persons harmed by your conduct — not a deposit, and nobody holds your money. Your premium is a fraction of that, set at the application.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. It informs approval only — pricing stays 1% of your bond amount.
Are any administrators exempt?Yes — under Nevada law certain administrators (for example, some HMO and nonprofit hospital or medical-service administrators) are exempt from the bond requirement. Confirm whether an exemption applies to you with the Commissioner of Insurance.
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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