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Washington auctioneer bonds.
From $100.

Washington requires a surety bond as a condition of an auctioneer or auction company registration with the Department of Licensing. An auctioneer posts $5,000; an auction company posts between $5,000 and $25,000. Pricing is 1% of your bond amount, with a $100 minimum — your exact price appears at the application.

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Required under RCW 18.11.121 for an auctioneer or auction company registration
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Amount is $5,000 for an auctioneer, $5,000–$25,000 for an auction company — confirm yours with the DOL
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From $100 — enter your required bond amount and see your exact price at the application
1% of bond amount$100 minimumNo credit review at the standard amountnot even a soft pull at the standard amountInstantapproval for most
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. One sitting.

No underwriting queue for the standard auctioneer bond — enter your amount, pay, and file with the Department of Licensing. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the bond amount your registration requires, and the effective date — that is the entire application.

INSTANTLY

Issued on the spot

The application collects no credit information at the standard amount, and no waiting — the executed bond is generated as soon as you pay. It won't affect your score.

SAME DAY

File with the DOL

Submit the executed bond with your auctioneer or auction company registration. Wet-ink originals mailed whenever the state insists on them.

About this bond

What it is and who needs it.

What the auctioneer bond covers

Washington licenses auctioneers and auction companies through the Department of Licensing under chapter 18.11 RCW, and conditions registration on a surety bond. The bond is a consumer-protection guarantee: it stands behind your handling of consignors' and buyers' money and your compliance with the auctioneer law.

The amount depends on who you are. An auctioneer posts a $5,000 bond. An auction company posts a bond or other security of not less than $5,000 and not more than $25,000, scaled to the business — the Department of Licensing tells you which figure applies.

The bond runs to the State of Washington for the benefit of anyone harmed by a violation of the auctioneer law. If a valid claim is paid, you repay the surety — it is not insurance for you. Enter the amount your registration requires — pricing is 1% of that amount, with a $100 minimum, and the application collects no credit information at the standard amount.

RCW 18.11.121RCW 18.11.121 requires a surety bond or other acceptable security for an auctioneer or auction company registered with the Department of Licensing under chapter 18.11 RCW. An auctioneer's bond is $5,000; an auction company's bond is not less than $5,000 and not more than $25,000. Confirm your required amount with the Department of Licensing.

You need this bond if you are

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An auctioneer registering with the Department of Licensing — the $5,000 bond
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An auction company posting the $5,000–$25,000 company bond
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Renewing a registration whose current bond is expiring or non-renewing
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Adding an auction company registration alongside an individual auctioneer registration

One application, issued on the spot.

Submit the application with your required bond amount — the executed bond is generated instantly, ready to file with the Department of Licensing.

Start the application →
FAQ

Common questions.

How much is the Washington auctioneer bond?Pricing is 1% of your bond amount, with a $100 minimum. The amount itself is $5,000 for an auctioneer, or $5,000 to $25,000 for an auction company. Enter your figure and your exact price appears at the application.
What is the difference between the auctioneer and auction company amounts?An individual auctioneer posts a fixed $5,000 bond. An auction company posts a bond of not less than $5,000 and not more than $25,000, scaled to the business. The Department of Licensing tells you which applies.
Is there a credit check?The application collects no credit information at the standard amount, and most applications approve instantly.
What does the bond protect against?It protects anyone harmed by a violation of the auctioneer law — for example, a consignor whose sale proceeds are not properly remitted. If the surety pays a claim, you repay the surety; it is not insurance for you.
Where do I file it?With the Washington Department of Licensing as part of your auctioneer or auction company registration. 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 Washington bonds.

Auctioneer bond, issued today.

Pricing from $100. Enter your required amount and file with the Department of Licensing the same day.

Your premiumfrom $100
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