Minnesota auctioneer bonds.
From $100.

Minnesota auctioneers are licensed at the county level under Minn. Stat. 330.02 — before making sales you give a corporate surety bond to the county, in an amount the county treasurer fixes. The statute sets the range at $1,000 to $3,000; priced at 1% of the bond amount, $100 minimum.

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Filed with your county treasurer before you make sales, under Minn. Stat. 330.02

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Amount fixed by the county treasurer — the statute sets a $1,000 to $3,000 range

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From $100 — enter your county’s required amount and see your exact price at the application

1% of bond amount$100 minimumInstantapproval for mostNo credit reviewnot even a soft pull

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How it works

Three steps. One sitting.

No underwriting queue for the auctioneer bond — enter your amount, pay, and file with your county treasurer. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the county you’re licensing in, the amount your treasurer set, and the effective date — that is the entire application.

INSTANTLY

Issued on the spot

The application collects no credit information, and most applicants have the executed bond as soon as they pay.

SAME DAY

File with your county treasurer

The treasurer endorses the bond and files it in the treasurer’s office. Wet-ink originals mailed whenever the county insists on them.

About this bond

What it is and who needs it.

What the auctioneer bond actually covers

Minnesota licenses auctioneers at the county level under Minn. Stat. 330.02. Before making sales, every auctioneer gives a corporate surety bond to the county, and the bond is filed with — and endorsed by — the county treasurer.

The bond is a conduct-and-payment guarantee: it backs your compliance with the statutes governing auctioneers and the payment of all monies you owe in the course of conducting sales. If you fail to and someone is harmed, they can recover against the bond — and if the surety pays, you repay the surety.

The amount is fixed by the county treasurer, in a penal sum of not less than $1,000 nor more than $3,000. Because it varies by county, you enter the figure your treasurer set and pricing starts from $100 — the application collects no credit information.

Minn. Stat. 330.02Under Minn. Stat. 330.02, every auctioneer, before making sales, must give a corporate surety bond to the county in a penal sum of not less than $1,000 nor more than $3,000, fixed by the county treasurer with sureties approved by the treasurer; the treasurer endorses the bond and files it in the treasurer's office. Confirm the exact amount with your county treasurer.

You need this bond if you are

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A Minnesota auctioneer licensing in a county before making sales

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Conducting sales in multiple counties that each require their own bond filing

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Renewing a county auctioneer license whose bond is expiring

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An auction firm bonding an apprentice or associate auctioneer

One application, issued on the spot.

Submit the application with the bond amount your county treasurer set — the application collects no credit information, and the executed bond is generated instantly for most applicants, ready to file.

Start the application →

FAQ

Common questions.

How much is the Minnesota auctioneer bond?The premium is 1% of the bond amount, $100 minimum — priced by amount, not a credit tier. Because the statutory range is $1,000 to $3,000, most county amounts land near the minimum. Enter the figure your treasurer set and apply to see your exact price.

Who sets the bond amount?Your county treasurer. Minn. Stat. 330.02 sets a range of not less than $1,000 nor more than $3,000, and the treasurer fixes the exact figure for your county. Confirm it with the treasurer before you apply.

Is there a credit check?The application collects no credit information, and most applications approve instantly.

Do I need a separate bond for each county?Generally yes — the bond is filed with the county where you make sales, so if you work multiple counties you typically file a bond in each. Each starts from $100.

Where do I file the bond?With your county treasurer, who endorses it and files it in the treasurer’s office. We issue the executed bond ready to submit.

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 Minnesota bonds.

Auctioneer bond, issued today.

Pricing from $100. Enter the amount your county set and file the same day.

Start application

Your premiumfrom $100

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