$500 is your GOOD CREDIT PRICE for a Nevada Managing General Agent License Bond.
If you are engaged as a managing general agent in Nevada you are required under NAC 683A.450 to 683A.560 of the Nevada Revised Statutes to file a Nevada Managing General Agent License Bond as a condition of licensure.
Bonds Express offers a Nevada Managing General Agent License Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Nevada Managing General Agent License Bond holds you accountable for your business decisions.
By possessing a Nevada Managing General Agent License Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.