Nebraska Surety Bond Overview
Surety bonds are required in Nebraska for a number of purposes. Businesses that want to obtain a license will often need to post a surety bond as part of the license application process. Contractors who wish to perform on certain construction projects are often also required to post one or several bonds.
What is the purpose of the bond?
The surety bond is a form of guarantee for the party that requests the bond. Typically, it is the various state agencies that require individuals or businesses to get bonded. These bonds serve as a guarantee that the bonded party (the bond principal) will comply with state laws and regulations.
If the bond principal violates the surety bond agreement and causes losses or damages to the state or public, a claim can be filed against the bond.
If you require more information about how bonds work and why they are required, see our 'What is a surety bond' guide for a full overview!
Ready to apply? Find the bond you need in the table below and follow the application link.
Want to know more about surety bonds in Nebraska? See the following sections for information about the types of bonds, the bond cost, and how to apply.
Find the Bond You Need
The table below contains a list of only the most popular surety bonds. If you can't find yours, fill out our online application and select "Not in the list".
|Investment Advisor (Blue Sky) Bond||Nebraska Department of Banking and Finance||Bureau of Securities Bond||Apply Now|
|Check Sellers Bond||Nebraska Department of Banking & Finance||Delayed Deposit Services Business Bond||Apply Now|
|Collection Agency Bond||NE Collection Agency Licensing Board||Collection Agency License Bond||Apply Now|
|Mortgage Broker (1st & 2nd Mortgages) Bond||Director, Dept of Banking and Finance||Mortgage Originator||Apply Now|
|Mortgage Lender/Banker (1st & 2nd Mort.) Bond||Dept of Banking and Finance||Mortgage Banker||Apply Now|
|Mortgage Lender/Banker (1st & 2nd Mort.) Bond||Dept. of Banking and Finance||Mortgage Banker||Apply Now|
|Title Insurance Agents & Escrow Officers Bond||state of Nebraska||Escrow Agents Bond||Apply Now|
|Auto & Mobile Home Dealers (New & Used) Bond||Motor Vehicle Industry Licensing Board||50K Motor Vehicle Dealer||Apply Now|
|Auto & Mobile Home Dealers (New & Used) Bond||Motor Vehicle Industry Licensing Board||25K Motor Vehicle Dealer||Apply Now|
|Auto & Mobile Home Dealers (Used Only, No New) Bond||Motor Vehicle Industry Licensing Board||Motor Vehicle Dealer ($50K)||Apply Now|
|Auto & Mobile Home Dealers (Used Only, No New) Bond||Motor Vehicle Industry Licensing Board||Motor Vehicle Dealer ($25K)||Apply Now|
|Professional Licenses (All Other) Bond||Dept. of Health and Human Services||Wholesale Drug Distributor||Apply Now|
|Schools (All) Bond||Nebraska Department of Education||Private Postsecondary Career School Bond||Apply Now|
|Schools (All) Bond||Nebraska Department of Health & Human Services||Approved Training Agency Bond||Apply Now|
|Schools (All) Bond||Department of Health and Human Services||Training Agency Bond||Apply Now|
|Alcohol (Retailers) Bond||Nebraska Liquor Control Commission||Alcoholic Liquor Tax Bond||Apply Now|
|Fuel Tax (All Others, Sellers & Users) Bond||Nebraska Dept of Revenue||Motor Fuels Tax Bond||Apply Now|
|Lottery Bond||Nebraska Department of Revenu||Nebraska Lottery Retailer||Apply Now|
|Appraisal Management||Real Estate Appraisers Board||Appraisal Management Company Bond||Apply Now|
Types of Nebraska Surety Bonds
The most common types of bonds required in the state include:
- License and permit bonds - required when you want to obtain a professional license in certain industries.
- Construction bonds - needed if you are a construction contractor who would like to bid on public or private construction projects.
- Court bonds - required in certain special cases by a Nebraska court.
License & Permit Bonds
Obtaining a license is a usual requirement for plenty of Nebraska businesses, so that they operate in compliance with state, local or city rules. Getting a license and permit bond is often a part of that process.
The purpose of the Nebraska surety bond is to safeguard the interests of the state and the general public, protecting them from any fraudulent activities that businesses could engage in. In this sense, the bond is like an extra line of credit for your business. If you don’t comply with relevant regulations, a claim can be made on your bond. If the claim is proven, you might have to reimburse affected parties up to the maximum sum of the bond.
The most common Nebraska license and permit bonds are:
Motor vehicle dealer bond
- Obligee: Nebraska Motor Vehicle Industry Licensing Board
- Bond amount: $50,000
Contractor license bond
- Obligee: Nebraska Department of Revenue
- Bond amount: $1,000 for contracts between $2,500 and $10,000; for contracts above $10,000, the bond must be 10% of the contract amount for the first $100,000, and 5% of the amount above $100,000
Freight broker bond
- Obligee: Federal Motor Carrier Safety Administration
- Bond amount: $75,000
- Expiration date: Coincides with the licensing year