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New Haven pawnbroker bonds.
$100 flat.

To license as a pawnbroker, secondhand dealer, or precious-metals & stones broker in the City of New Haven, you file a $2,000 surety bond with the New Haven Police Department. Ours is $100 flat, issued instantly — the price you see is the checkout price. The bond issues the moment you pay — no credit check.

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Required for your New Haven pawn / secondhand / precious-metals license — filed with the Police Department
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Fixed $2,000 amount, fixed price — $100 flat, no quote process
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Multi-year terms available — set it once for up to 3 years
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 New Haven pawnbroker bond cost?

$100 at the $2,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

Municipal 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 are among the thousands that issue right after purchase.

SAME DAY

File with the New Haven Police Department

Your executed bond and power of attorney arrive by email, ready to file with your pawn / secondhand / precious-metals license application. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

Connecticut regulates pawnbrokers, secondhand dealers, and dealers in precious metals or stones under Connecticut General Statutes Chapter 409, and a $2,000 surety bond is filed as a condition of the license. In a city with an organized police department, you license through that department — for New Haven, the New Haven Police Department.

It's a three-party arrangement: you (the principal), the surety carrier, and the City of New Haven (the obligee), with your customers as the protected parties. If you fail to keep required records, mishandle pledged or pawned goods, or violate the dealer law, a harmed party can recover against the bond.

It is not insurance for you — if the surety pays a claim, you repay the surety. Brokers who keep clean records and follow Chapter 409 treat the bond as a license formality, not a risk.

Conn. Gen. Stat. Chapter 409 — filed with the New Haven Police DepartmentConnecticut General Statutes Chapter 409 governs pawnbrokers, secondhand dealers, and dealers in precious metals or stones, and conditions the license on a $2,000 surety bond. In the City of New Haven the license is issued by the New Haven Police Department, which holds the bond. Confirm the filing details with the New Haven Police Department licensing division.

You need this bond if you're

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Opening a pawn shop in New Haven — the bond is filed with your license application
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A secondhand or antique dealer the city requires to bond
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A precious-metals or stones dealer licensing in New Haven
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Renewing your New Haven license and your current bond is expiring
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 $2,000 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 New Haven Police Department. Your executed bond and power of attorney arrive by email, ready to file with your pawn / secondhand / precious-metals license application. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $100 at the $2,000 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 New Haven pawnbroker bond?The premium is $100 flat, set by our carrier's rate book for this bond. The bond amount is fixed at $2,000 — that's the surety's maximum liability, not the price — so it's the same $100 for every broker.
Do I pay the $2,000?No. You pay $100. The $2,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.
Who holds the bond?The City of New Haven, through the New Haven Police Department, which licenses pawnbrokers, secondhand dealers, and precious-metals & stones brokers in the city.
Is there a credit check?No credit check: the application collects no credit information. The application has, and most applications approve instantly.
When does it renew?The bond must stay active for as long as you hold the license. Buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available.
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 New Haven license checklist today.

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

Your price$100
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