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Maryland grain dealer license bonds.
$1,000 flat.

Maryland requires every licensed grain dealer to file a $100,000 bond with the Department of Agriculture. Ours is $1,000 flat, set by our carrier's rate book, identical for every dealer. A quick soft credit check may apply — never a hard inquiry; the bond is issued when you pay.

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Required for your MD grain dealer license — filed with the Department of Agriculture
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Fixed amount, fixed price — $100,000 bond, $1,000, no quote theater
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Soft credit pull only — never a hard inquiry, no impact on your score, and the price stays fixed either way
A-ratedA.M. Best carriersInstantissued the moment you pay1–3 yrterms available
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
How it works

Three steps to licensed.

Your grain dealer license is waiting on this bond. Here's the entire process — no broker phone tag:

TODAY · ONLINE

Apply once, online

Business details, owner information, a few commercial questions, and effective date — plus 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 Agriculture

Pay online and receive the executed bond, ready to file with your grain dealer license application. Wet-ink originals mailed whenever the State insists.

About this bond

What it is and who needs it.

What the bond actually guarantees

Maryland licenses grain dealers through the Department of Agriculture — anyone in the business of buying, receiving, exchanging, or storing grain from a producer must hold an annual license. The license is conditioned on a $100,000 surety bond.

The bond is a producer-protection guarantee: it stands behind the money you owe the farmers and grain producers you buy from. It's a three-party arrangement — you (the principal), the surety, and the State together with the producers as protected parties.

If a dealer fails to pay a producer for delivered grain, the harmed producer can recover against the bond — and the surety's total liability for all claims is capped at the $100,000 penal sum. It is not insurance for you: if the surety pays, you repay the surety. Dealers who pay producers on time treat it as a license formality.

Agriculture Article (Maryland Department of Agriculture)Maryland's grain dealer licensing program is administered by the Department of Agriculture, which requires a $100,000 surety bond as a condition of the annual grain dealer's license. The bond protects grain producers who sell to the dealer; the surety's liability for all claims is capped at the $100,000 penal sum. Confirm your filing details on the MDA grain dealer license application.

You need this bond if you're

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Applying for a Maryland grain dealer license — buying or storing grain from producers
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Renewing your annual license and your current bond is expiring or non-renewed
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A grain elevator or co-op that purchases grain directly from farmers
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An out-of-state dealer buying Maryland-grown grain that requires a license

One application, including a soft pull.

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.

Do I pay the $100,000?No. You pay $1,000, set by our carrier for this bond. The $100,000 is the surety's maximum liability to producers; it's not a deposit, and nobody holds your money.
Who requires this bond?The Maryland Department of Agriculture requires it as a condition of a grain dealer license. No active bond, no license.
What does the bond guarantee?That you pay the grain producers you buy from. If you fail to and a producer is harmed, they can claim against the bond — and if the surety pays, you repay the surety.
Is there a credit check?A quick soft credit check may apply — never a hard inquiry, no impact on your score. It informs approval, not price. The price is fixed at $1,000 either way: credit can affect whether we approve the bond, never what it costs.
When does it renew?Terms run 1, 2, or 3 years — your choice at purchase. We send renewal notices 60 and 30 days out, with autopay available, and the bond must stay active for your license to stay valid.
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 Maryland bonds.

The Department of Agriculture is waiting on one document.

$1,000 flat, short application, bond issued when you pay. Free until issued.

Your price$1,000
Apply now →