ME auctioneer bonds.
$100 flat.

Maine requires every licensed auctioneer to file a fixed $10,000 bond with the Board of Licensing of Auctioneers. Ours is $100 flat — the price set by our carrier's rate book for this bond, no quote process. The bond issues the moment you pay — no credit review of any kind, not even a soft pull.

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Required for your Maine auctioneer license — new applicants and renewals through OPOR

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Fixed price, fixed amount — $10,000 bond, $100, no quote process

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Multi-year terms available — set it up once, forget it for up to 3 years

A-ratedA.M. Best carriersInstantunderwriting process1–3 yrterms available

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How it works

Three steps. One sitting.

License bonds are the simplest thing in surety. Here's the entire process:

NOW · ONLINE

Apply online

Business details and an effective date. That's the application — no financials, no credit section, no follow-up scavenger hunt.

MINUTES, USUALLY

Pay & e-sign

License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.

SAME DAY

File with your license

Your executed bond arrives by email, ready to file with your Board of Licensing of Auctioneers application or renewal. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

Maine licenses auctioneers through the Board of Licensing of Auctioneers, part of the Office of Professional and Occupational Regulation (OPOR), under Title 32, Chapter 5-B. The license is conditioned on a $10,000 surety bond — a consumer-protection guarantee that you will conduct auctions honestly and account properly for the proceeds you handle.

It's a three-party arrangement: you (the principal), the surety carrier, and the State of Maine (the obligee), with the buyers and sellers you serve as the protected parties. If an auctioneer mishandles sale proceeds or violates auctioneer law, a harmed party can recover against the bond.

The bond must stay active for the term of your license. Let it lapse and your license can be affected — so we track it and notify you 60 and 30 days out, keeping your $10,000 filing continuous.

32 M.R.S. Ch. 5-B (Board of Licensing of Auctioneers)Maine auctioneers are licensed by the Board of Licensing of Auctioneers within OPOR under Title 32, Chapter 5-B, which conditions the license on a $10,000 surety bond filed with the Board for the term of the license. Confirm the current amount and form on your application — and if the requirement has changed, we'll say so plainly rather than imply a mandate that isn't current.

You need this bond if you're

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Applying for a Maine auctioneer license — the bond is filed with your application

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Renewing your license and your bond is expiring or your surety non-renewed

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An out-of-state auctioneer getting licensed to call sales in Maine

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Returning to the business and reinstating a license that lapsed

One application, issued instantly.

These are the actual issuing fields — the application collects no credit information.

Start the application →

FAQ

Common questions.

How much is the Maine auctioneer bond?The premium is $100 — set by our carrier's rate book for this bond, no percentage calculation. The $10,000 bond amount is set by statute, so there is no quote process.

Do I pay the $10,000?No. You pay $100. The $10,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.

How fast will I have the bond?License bonds like this are among the thousands of bond types that issue right after purchase — many auctioneers finish the application and have the bond in the same sitting. At most, 1–2 business days.

Is there a credit check?The application collects no credit information for this bond — there's no credit section to fill out. If a check ever ran on a filing like this, it would be a soft pull that never touches your score.

When does it renew?The bond must stay active for as long as you hold the license. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so your license never lapses over a missed email.

Related bonds

Other Maine bonds.

Finish your license checklist today.

$100 flat, no credit review, bond often issued in the same sitting. Free until issued.

Start application

Your price$100

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