Iowa feeder pig dealer bonds.
From $100.

Iowa requires a feeder pig dealer to maintain evidence of financial responsibility, usually a surety bond, with the Department of Agriculture and Land Stewardship (IDALS) under Iowa Code chapter 202C. The amount runs $5,000 to $25,000. Premiums are 0.5% of the bond amount, $100 minimum.

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Required under Iowa Code chapter 202C — financial responsibility for feeder pig dealers

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Amount runs $5,000 to $25,000 — set on your license as evidence of financial responsibility

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Soft credit pull for approval only — never affects your score; premium is 0.5% of the bond amount, $100 minimum

0.5% rate$100 minimum, by bond amountSoft pullnever a hard inquiryFastinstant underwriting for most

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How it works

Three steps to licensed.

Your feeder pig dealer license is waiting on this bond. Here is the entire process — no broker phone tag:

TODAY · ONLINE

Apply once, online

Business details, owner information, the required amount, and an effective date. The only extra step is a one-time consent to a soft credit pull.

RIGHT AWAY

Approved

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

WHEN YOU PAY

E-sign & file with IDALS

Pay online and receive the executed bond, ready to file with your feeder pig dealer license. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the feeder pig bond actually covers

Iowa licenses feeder pig dealers through the Department of Agriculture and Land Stewardship under Iowa Code chapter 202C (with the underlying dealer bond in § 163.30). A dealer must keep evidence of financial responsibility — a surety bond or irrevocable letter of credit — on file before a license is issued or renewed.

The bond is held for the benefit of anyone damaged by a dealer's violation — and is written to provide funds protecting buyers of feeder pigs who are harmed by sick or diseased pigs, or by a breach of contract on the sale of feeder pigs.

The financial-responsibility amount is not less than $5,000 and not more than $25,000. (A separate § 163.30 dealer bond may not be required if you are already bonded at the same or greater amount under the federal Packers and Stockyards Act.) It is not insurance for you: if the surety pays, you repay the surety.

Iowa Code chapter 202C (with § 163.30)Iowa Code chapter 202C requires a feeder pig dealer to maintain evidence of financial responsibility — a surety bond or irrevocable letter of credit — of not less than $5,000 and not more than $25,000, filed with IDALS before a license is issued or renewed, to protect buyers harmed by sick or diseased pigs or breach of contract. A § 163.30 dealer bond may be excused where a dealer is bonded at an equal or greater amount under the federal Packers and Stockyards Act. Confirm your amount on your license.

You need this bond if you are

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Applying for a feeder pig dealer license through IDALS

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Renewing your dealer license and refiling evidence of financial responsibility

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A buying station or order buyer that handles feeder pigs for resale

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Not bonded under Packers and Stockyards at an equal or greater amount

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 issued when you pay.

Start the application →

FAQ

Common questions.

How much is the Iowa feeder pig dealer bond?The premium is 0.5% of the bond amount, $100 minimum. The bond amount itself runs $5,000 to $25,000, set on your IDALS license — enter that figure and your exact price appears at the application.

Who requires this bond?The Iowa Department of Agriculture and Land Stewardship requires it under Iowa Code chapter 202C as evidence of financial responsibility before your feeder pig dealer license is issued or renewed.

Is there a credit check?Yes — one soft credit pull, which never affects your score and is never a hard inquiry. It informs approval only; the premium is 0.5% of the bond amount, $100 minimum, shown in the calculator.

What does the bond protect against?It protects buyers of feeder pigs harmed by sick or diseased pigs or by a breach of contract on the sale. If a buyer is harmed and the surety pays, you repay the surety — it is not insurance for you.

I am bonded under Packers and Stockyards — do I still need this?The § 163.30 dealer bond may not be required if you are already bonded at the same or greater amount under the federal Packers and Stockyards Act, but IDALS still requires the chapter 202C financial-responsibility evidence. Send us your situation and we’ll confirm.

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.

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