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City of Lakewood pawnbroker bonds.
$100 flat.

To hold a pawnbroker license with the City of Lakewood, you file a $10,000 surety bond with the City Clerk’s Office. Ours is $100 flat — the price you see is the checkout price, identical for every pawnbroker. No credit check.

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Required for a City of Lakewood pawnbroker license — filed with the City Clerk’s Office
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Fixed amount, fixed price — $10,000 bond, $100, no quote process
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No credit check — the application collects no credit information
A-ratedA.M. Best carriersInstantunderwriting process1–3 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
Price

How much does a City of Lakewood pawnbroker bond cost?

$100 at the $10,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

City license bonds are the simplest thing in surety. Here’s the entire process:

NOW · ONLINE

Apply online

Business details and an effective date. That is the application. No credit check.

MINUTES, USUALLY

Pay & e-sign

Small fixed-amount license bonds like this issue right after purchase.

SAME DAY

File with the City Clerk

Your executed bond and power of attorney arrive by email, ready to file with your City of Lakewood pawnbroker license application or renewal at the City Clerk’s Office. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

The City of Lakewood licenses pawnbrokers through its City Clerk’s Office and conditions the license on a $10,000 surety bond. The bond is a consumer-and-public-protection guarantee: it stands behind your compliance with Lakewood’s pawnbroker ordinance — proper recordkeeping, lawful handling of pledged and purchased property, and fair dealing with customers and the public.

It is a three-party arrangement: you (the principal), the surety carrier, and the City of Lakewood (the obligee), with harmed customers and the public as the protected parties. If a pawnbroker violates the City’s ordinance and someone is harmed, they can recover against the bond.

It is not insurance for you — if the surety pays a claim, you repay the surety. The bond must stay active for the life of your Lakewood license, so we track it and notify you 60 and 30 days out, keeping your $10,000 filing continuous.

Lakewood Municipal Code Ch. 5.24 (Pawnbrokers)The City of Lakewood regulates and licenses pawnbrokers under Lakewood Municipal Code Title 5, Chapter 5.24 (Pawnbrokers), administered by the City Clerk’s Office, and conditions the license on a $10,000 surety bond. The penal sum on this page ($10,000) matches the City requirement; confirm the exact subsection and current amount with the City Clerk’s Office.

You need this bond if you are

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Applying for a Lakewood pawnbroker license — the bond is filed with your application at the City Clerk’s Office
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Renewing a Lakewood pawnbroker license and your current bond is expiring or non-renewing
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Opening a pawn shop in Lakewood at a new or additional location the City licenses
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A second-hand dealer whose Lakewood operations fall under the pawnbroker ordinance
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the $10,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

File with the City Clerk. Your executed bond and power of attorney arrive by email, ready to file with your City of Lakewood pawnbroker license application or renewal at the City Clerk’s Office. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $100 at the $10,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.

No credit check.

One application, issued instantly.

These are the actual issuing fields. No credit check.

Start the application →
FAQ

Common questions.

How much is the City of Lakewood pawnbroker bond?The premium is $100 flat — set by our carrier’s rate book for this specific bond, not a percentage of the $10,000 penal sum. The $10,000 is set by the City of Lakewood, 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.
Who requires this bond?The City of Lakewood requires it as a condition of a pawnbroker license, under the Lakewood Municipal Code (Chapter 5.24), filed with the City Clerk’s Office. No active bond, no license.
Is there a credit check?No credit check: the application collects no credit information. Most approve instantly.
When does it renew?The bond must stay active for as long as you hold the Lakewood 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.
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.
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Been told you need a different amount?

Price and requirements checked on the carrier’s application, . Page updated .

Finish your Lakewood license today.

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

Your price$100
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