A Connecticut pawnbroker license requires a $2,000 surety bond filed with the local licensing authority that issues the license. Ours is $100 flat — the price set by our carrier’s rate book for this bond. The bond issues the moment you pay — no credit review of any kind, not even a soft pull.
















License bonds are the simplest thing in surety. Here is the entire process:
Business details and an effective date. That is the application — no financials, no credit section.
Small fixed license bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond and power of attorney arrive by email, ready to file with the local licensing authority that issues your pawnbroker license. Wet-ink original mailed on request.
In Connecticut, pawnbroker and secondhand-dealer licenses are handled at the local level — the town or city licensing authority (often the police department or town clerk) issues the license and sets the conditions. A $2,000 surety bond is part of that package.
The bond is a consumer-and-public-protection guarantee. It runs to the licensing municipality and stands behind your honest dealing as a pawnbroker — that you handle pledged goods and customer transactions lawfully. If you violate the terms of your license 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 the license, so we track it and notify you 60 and 30 days out, keeping your $2,000 filing continuous.
These are the actual issuing fields — no credit section, because this bond doesn’t have one.
Start the application →$100 flat, no credit review, bond often issued in the same sitting. Free until issued.