OH auctioneer bonds.
$250 flat.

Ohio requires every licensed auctioneer to file a fixed $25,000 bond with the Department of Agriculture — ours is $250 flat, the price you see at application is the price you pay. 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 OH auctioneer license — new applicants and renewals under ORC 4707.11

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Fixed price, fixed amount — $25,000 bond, $250, 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 and power of attorney arrive by email, ready to file with your Department of Agriculture auctioneer license application or renewal. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

An auctioneer bond is a buyer-and-seller-protection guarantee. You handle other people's property and the proceeds from selling it — Ohio wants a financial backstop that you'll account for that money and conduct auctions honestly.

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

The bond must stay active for the life of your license. Let it lapse and the Department of Agriculture can act against the license — so we track it and notify you 60 and 30 days out, keeping your $25,000 filing continuous.

ORC 4707.11Ohio Revised Code 4707.11, within Chapter 4707 (Auctioneers), conditions an auctioneer license on a surety bond filed with the Department of Agriculture. An individual auctioneer files a $25,000 bond; an auction firm files a $50,000 bond. Confirm which amount your license type requires on your application — and if you are licensing as a firm rather than an individual, send it to us and we will confirm.

You need this bond if you're

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Applying for an OH 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 apprentice advancing to a full auctioneer license that carries the bond

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An out-of-state auctioneer getting licensed to conduct sales in Ohio

One application, issued instantly.

These are the actual issuing fields — no credit section, because this bond's application doesn't collect credit information.

Start the application →

FAQ

Common questions.

How much is the Ohio auctioneer bond?The premium is $250 flat, the same for every individual auctioneer — the price our carrier's rate book sets for this fixed $25,000 bond. The $25,000 amount is set by ORC 4707.11, so there is no quote process.

Do I pay the $25,000?No. You pay $250. The $25,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.

Is the firm bond different?Yes — an individual auctioneer files a $25,000 bond, while an auction firm files a $50,000 bond. This page prices the individual $25,000 bond; if you are licensing as a firm, tell us and we will quote the $50,000 version separately.

Is there a credit check?The application collects no credit information for this bond, so most applicants see no credit step at all. If a check ever runs, it's a soft pull that won't touch 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 Ohio bonds.

Finish your license checklist today.

$250 flat, no credit review, bond often issued in the same sitting. Free until issued.

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Your price$250

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