Indiana livestock dealer bonds.
From $100.

Indiana licenses livestock dealers and market facilities through the Board of Animal Health, and conditions the license on a surety bond payable to the State of Indiana. The penal sum is tied to your transaction volume under IC 15-17-14 — the premium is 1% of the bond amount, $100 minimum, with a quick soft credit check that never affects your score.

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Required by the Indiana Board of Animal Health under IC 15-17-14 to license a dealer or market

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Amount runs from a $10,000 floor up to $50,000 based on your prior-year livestock transactions

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A quick soft credit check may apply — never a hard inquiry, no impact on your score — priced at 1% of the bond amount, $100 minimum

1% rate$100 minimumSoft pullnever a hard inquiryInstantapproval for most

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How it works

Three steps to filed.

Enter your amount, give a one-time consent to a soft credit pull, and file with the Board. Here is the whole thing:

TODAY · ONLINE

Apply once, online

Business details, owner information, the bond amount the Board set, and the effective date — plus a one-time consent to a soft credit pull.

RIGHT AWAY

Approved

Most are approved as soon as you apply. The soft pull never affects your score. If it needs a second look, one to two business days at most.

SAME DAY

File with the Board of Animal Health

Pay online and receive the executed bond, payable to the State of Indiana, ready to file with your dealer or market license. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the livestock bond actually guarantees

Indiana regulates livestock dealers and market facilities through the Board of Animal Health. Before operating, a dealer must execute and maintain a surety bond (or bond equivalent) payable to the State of Indiana, for the benefit of anyone damaged by a breach of the bond’s conditions — typically a seller who isn’t paid for livestock.

The penal sum is tied to your transaction volume. It may not be less than $10,000, and is generally set as a multiple of $5,000 based on the dollar amount of livestock transactions in the prior twelve months. Once the requirement exceeds $50,000, the bond need not exceed $50,000 plus 10% of the excess, rounded up.

If your gross business changes enough to warrant a higher amount, you must adjust the bond. It is not insurance for you — if the surety pays a claim, you repay the surety. We issue whatever penal sum the Board set; pricing starts from $100 and runs a quick soft credit check that never affects your score.

IC 15-17-14 (Livestock Dealers, Board of Animal Health)Under IC 15-17-14, an Indiana livestock dealer or market must execute and maintain a bond (or bond equivalent), prescribed by the Board of Animal Health and payable to the State of Indiana, for anyone damaged by a breach of its conditions. The amount may not be less than $10,000, is set from prior-year transaction volume, and need not exceed $50,000 plus 10% of the excess. The amount must be adjusted if business volume warrants. Confirm the penal sum the Board set for you.

You need this bond if you are

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A livestock dealer buying or selling cattle, swine, sheep, goats, or other livestock in Indiana

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Operating a livestock market facility or auction barn the Board licenses

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Renewing a dealer or market license whose bond is expiring or non-renewing

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Growing your volume and adjusting the bond up to match prior-year transactions

One application, issued instantly.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued the same day.

Start the application →

FAQ

Common questions.

How much is the Indiana livestock dealer bond?The premium is 1% of the bond amount, $100 minimum. The penal sum is set by the Board of Animal Health from your transaction volume — a $10,000 floor up to a $50,000-plus cap. Your exact price appears at the application.

How is the bond amount calculated?Under IC 15-17-14 it is based on the dollar amount of your livestock transactions in the prior twelve months, set as a multiple of $5,000, with a $10,000 minimum. Above $50,000 in required coverage, the bond need not exceed $50,000 plus 10% of the excess.

Is there a credit check?A quick soft credit check may run as part of underwriting — it is never a hard inquiry and never affects your score. Approval aside, the premium itself is 1% of the bond amount, $100 minimum.

Who is protected by the bond?Anyone damaged by a breach of the bond’s conditions — typically a seller who is not paid for livestock. The bond is payable to the State of Indiana for their benefit, and if the surety pays a claim, you repay the surety.

What if my business grows?If your gross business over a twelve-month period warrants a higher bond, IC 15-17-14 requires you to adjust it. Send us the new amount and we re-issue at the updated penal sum.

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.

Related bonds

Other Indiana bonds.

Livestock bond, issued today.

Pricing from $100, soft pull only. Enter the amount the Board set and file the same day.

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Your premiumfrom $100

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