New York Nail Salon Wage Payment Surety Bond


Click for a No Obligation Quote

New York Nail Salon Wage Bonds or NY Wage Bonds are required by the New York Department of State Division of Licensing Services. Proof of your liability coverage must be retained in your nail salon. Workers or employees must be able to access this proof at all times while the business is open.

How do I know what wage bond amount I need?
The required bond amount is determined by the equivalent of full time employees that provide nail specialty services. For example, if you employ the EQUIVALENT to 2 to 5 full time individuals, you will need to post a $25,000 bond. If you employ the EQUIVALENT of 6-10 full time individuals, you will need to post a $40,000 bond.

If you are still unsure of the bond amount you need, there is an easy to use Nail Salon Wage Bond Calculator on the NY Division of Licensing Services website.

# of equivalent full time individuals Wage Bond amount Annual starting Cost
2-5 $25,000 $250
6-10 $40,000 $400
11-25 $75,000 $750
26 or more $125,000 $1250

The New York Department of State has compiled a list of Nail Salon Bond Coverage FAQs to answer any questions a nail salon owner might have regarding this new bond requirement. Click the following link to read more about the Notice of Adoption of Emergency Regulations for Appearance Enhancement Establishments from the New York State Department of State New York has a specific required Wage Payment Surety Bond form they require the surety companies to use.

We have various sureties willing to write wage bonds for applicants with less than perfect credit, including a special program with very competitive prices for those with just a few credit blemishes.

We find the best possible price for your wage surety bond given your particular qualifications.

Additional information about this NY wage bond requirement is as follows:

Obligee - New York State Department of State Division of Licensing Services. The bond will be in favor of the people of the State of New York
Bond Amount - $25,000 - $125,000 depending on the number of full time individuals
Bond Premium - starting at $250
Renewal Document - None.

Click on the No Obligation Quote button to complete our simple, one-page online bonding application. Completing the following application allows the underwriters at BondAbility to provide you with a specific quote for the exact bond you need. After you submit our online application, we will respond with your personalized quote within the hour!

I am an ...

Most Obligee's require that the name on the Bond EXACTLY match your license or license application.
Type of Entity
Has the business or any of the owners been involved in:

If there are documents that you would like to upload for our review, please upload them below

By submitting this Application, the owners listed above hereby authorize BondAbility, (including any of its representatives affiliates, agents or designees) to conduct any and all investigative inquiries including but not limited to obtaining consumer credit reports. Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance or statement of claim containing any materially false, incomplete, or misleading information, or conceals information concerning any material fact whereto, commits a fraudulent insurance act, which is a crime punishable by incarceration, and shall also be subject to civil penalties