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Virginia Beach coin machine bonds.
$100 flat.

The City of Virginia Beach requires a coin-operated machine operator to post a $1,000 bond for its license. The premium for this bond is set at $100 flat — the price you see is the checkout price. The bond issues the moment you pay — no credit check.

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Required for a City of Virginia Beach coin machine operator license
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Fixed $1,000 bond — premium is $100 flat, the same for everyone
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Multi-year terms available — set it up once and forget it for up to 3 years
A-ratedA.M. Best carriersInstantunderwriting process1–3 yrterms available
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 Virginia Beach coin machine bond cost?

$100 at the $1,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

License bonds are the simplest thing in surety. Here is the entire process:

NOW · ONLINE

Apply online

Business details and an effective date. That is the application. No credit check.

MINUTES, USUALLY

Pay & e-sign

License bonds like this are among the thousands of bond types that issue right after purchase.

SAME DAY

File with the City

Your executed bond arrives by email, ready to file with your City of Virginia Beach coin machine operator license application. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the operator bond actually guarantees

The City of Virginia Beach licenses operators of coin-operated machines — amusement, vending, and similar machines placed for public use within the City — and conditions the operator license on a $1,000 surety bond. It is a guarantee tied to the operator's compliance with the City's licensing and tax rules for those machines.

It is a three-party arrangement: you (the principal), the surety carrier, and the City of Virginia Beach (the obligee). The bond stands behind your obligations as a licensed coin machine operator — including any license taxes or fees the City levies on the machines you operate.

It is not insurance for you. If the City has a valid claim and the surety pays it, you repay the surety. Operators who keep their license current and their machine taxes paid treat the bond as a license formality — and we keep your $1,000 filing continuous.

City of Virginia Beach — coin machine operator license ($1,000 bond)The City of Virginia Beach requires a $1,000 surety bond as a condition of a coin-operated machine operator license, with the bond amount and terms set by the City. The $1,000 penal sum is fixed on the City's bond form. We do not cite a specific City code section here to avoid stating one we cannot verify — confirm any requirements with the City.

You need this bond if you are

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Applying for a Virginia Beach coin machine operator license — amusement or vending machines
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Placing coin-operated machines for public use within the City
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A vending or amusement operator the City requires to bond its operator license
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Renewing an operator license whose bond filing has expired
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 $1,000 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; a longer term is the same price per year, chosen at checkout.

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. Your executed bond arrives by email, ready to file with your City of Virginia Beach coin machine operator license application. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $100 at the $1,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.

No credit check.

One application, issued instantly.

These are the actual issuing fields. No credit check.

Start the application →
FAQ

Common questions.

How much is the Virginia Beach coin machine operator bond?The premium is $100 flat. The bond amount is fixed at $1,000; our carrier prices this specific bond at $100, the same number for every operator.
Do I pay the $1,000?No. You pay $100. The $1,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.
How fast will I have the bond?License bonds like this are among the thousands of bond types that issue right after purchase — many operators finish and have the bond in the same sitting.
Is there a credit check?No credit check: the application collects no credit information. Small fixed-amount license bonds like this one typically don't need one.
When does it renew?The bond must stay active for as long as you hold the license. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available.
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 .

Finish your Virginia Beach license today.

$100 flat, no credit check, bond often issued in the same sitting. Free until issued.

Your price$100
Apply now →