Nebraska Surety Bonds

Surety Bond Requirements in NE

The state of Nebraska requires certain professionals, contract workers, and businesses to post a surety bond in order to do business. Nebraska surety bonds are also required by many county and city governments within the state, especially in more populous areas such as Omaha.

Unlike some other states, NE has little overlap of state and local bonding requirements. This makes it less likely that you’ll need multiple bonds. For example, the state has no contractor bond requirements, but in Omaha you’ll need to be bonded before you can work in certain trades.

NNA Surety Bonds has been providing affordable policies to companies and individuals across the United States since 1957. We offer popular Nebraska bonds, including:

  • Appraisal management company bonds
  • Collection agency bonds
  • Motor vehicle dealer bonds
  • Title producer license bonds

To ensure you are in compliance with your state’s bonding regulations, speak with one of our experts. 

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We offer the following surety bonds in the state of Nebraska:

Appraisal Management Company (AMC) Bond

The Nebraska Real Property Appraiser Board requires appraisal management companies (AMCs) to post a $25,000 bond to conduct business within the state. Your cost for this bond can be as low as $250, depending on your credit.

According to the terms of the bond, the AMC agrees to abide by provisions of the Nebraska Revised Statutes, avoiding prohibited acts such as changing reports after submission by agents, failing to keep detailed records, and paying off an appraiser to influence fee reporting.

Collection Agency Surety Bond

Collection agencies are required by the Nebraska Secretary of State to post a surety bond. The necessary bond amount ranges from $5,000 to $15,000, depending on the number of licensed solicitors in your agency.

Bond Amounts For Nebraska Collection Agencies
Number of Licensed Solicitors Bond Amount Required
1 to 4 $5,000
5 to 15 $10,000
16 and up $15,000

The yearly premium for this policy will vary depending on your bond amount and your credit score. Typically, your cost is only a small percentage of the full bond amount. 

Escrow Agent Bond

Although the state refers to this bond as a “title insurance bond for escrow agents," it is similar to escrow agency surety bonds required by many other states. You must post a $100,000 escrow agent bond as a condition of licensure by the Nebraska Department of Insurance. 

Your annual premium for this bond can be as low as $1,000 based upon your credit and your business finances.

Motor Vehicle Dealer Bond

Auto dealers in the Cornhusker State must post a $50,000 surety bond to the Nebraska Motor Vehicle Industry Licensing Board. The bond applies to dealers of new and used motor vehicles, motorcycles, and trailers.

Applicants with strong credit scores can bond their dealerships for a premium rate as low as $250 a year.

The NE auto dealer bond protects customers and any dealers with whom you do business from losses caused by such acts as:

  • Deception about the year or model of a vehicle.
  • Substituting a vehicle after the purchaser selected a different one.
  • Failing to provide a clear title.
  • Mishandling money that belongs to the purchaser.
  • Otherwise fraudulently representing a vehicle.
Nebraska Surety Bond Costs
Bond Name Coverage Amount Cost
(Annual Premium)
Regulatory Authority
Appraisal Management Company Bond $25,000 $250 Nebraska Real Property Appraiser Board
Collection Agency Bond $5,000-$15,000 $50-$150* Nebraska Collection Agency Licensing Board
Escrow Agent Bond $100,000 $1,000* Nebraska Department of Insurance
Motor Vehicle Dealer Bond $50,000 $250 Nebraska Motor Vehicle Industry Licensing Board

* Cost can vary depending on the bond amount required and your credit rating

Our knowledge of Nebraska bond requirements allows us to provide accurate quotes quickly. For guidance through the process of selecting surety bonds for your business, talk to one of our experts today.

For faster service, call us at 855-215-2160
Monday to Friday, 6 a.m. to 5 p.m. (PT)

Providing Bonds and Insurance Since 1957