Wood Dale auctioneer bonds.
$100 flat.

The City of Wood Dale requires a $1,000 license bond from auctioneers before it licenses them to conduct sales inside city limits. Ours is $100 flat — the price you see at checkout is the price you pay, the same for every applicant. The application collects no credit information.

Required by the City of Wood Dale to hold an auctioneer license inside city limits
Fixed amount, fixed price — $1,000 bond, $100, no quote process
No credit section — the application collects no credit information; issued fast and e-signed
A-ratedA.M. Best carriersInstantunderwriting processSoft pull onlynever a hard inquiry
Trusted by industry leaders
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NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps. One sitting.

A municipal license bond is among the simplest bonds we issue. Here is the whole process:

NOW · ONLINE

Apply online

Business details and an effective date — that is the application. No financials, no credit section on this bond’s form.

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 the City of Wood Dale

Your executed bond and power of attorney arrive by email, ready to file with your 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

The City of Wood Dale licenses businesses and trades that operate inside city limits through its Community Development Department, and conditions an auctioneer license on a $1,000 surety bond filed with the City. The bond guarantees an auctioneer conducts sales in compliance with city licensing terms.

It’s a three-party arrangement: you (the principal), the surety carrier, and the City of Wood Dale (the obligee), with the City and the public it licenses for as the protected parties. If a licensed auctioneer violates the terms of the license, a covered claim can run against the bond.

It is not insurance for you. If the City makes a valid claim and the surety pays, you repay the surety. This bond runs alongside the separate Illinois state auctioneer license required under the Auction License Act — the City’s bond does not replace it.

City of Wood Dale Community Development DepartmentThe City of Wood Dale conditions certain business and trade licenses — including auctioneer — on a surety bond, administered by the Community Development Department. Confirm the current bond amount and renewal terms directly with the City before filing — Wood Dale’s public license page does not post a citable ordinance section number.

You need this bond if you are

An auctioneer applying for a City of Wood Dale auctioneer license for the first time
Renewing your Wood Dale auctioneer license with an expiring or non-renewing city bond
Conducting an auction inside Wood Dale city limits for the first time this term
Already state-licensed under the Illinois Auction License Act and adding the required city filing

One application, issued instantly.

These are the actual issuing fields — no credit section, because this bond doesn’t have one.

Start the application →
FAQ

Common questions.

How much is the Wood Dale auctioneer bond?The premium is $100, flat — the price you see at checkout is the price you pay, the same for every applicant. The $1,000 amount is set by the City of Wood Dale; the premium is set by our carrier’s rate book, so there is no quote process.
Do I pay the $1,000?No. You pay $100. The $1,000 is the surety’s maximum liability to the City of Wood Dale if a valid claim is made — it is not a deposit, and nobody holds your money.
How fast will I have the bond?License bonds like this are among the thousands of bond types that issue right after purchase — many applicants finish the application and have the bond in the same sitting. At most, 1–2 business days.
Is there a credit check?The application collects no credit information — most applications like this approve instantly. If a check ever runs on a bond like this, it’s a soft pull that never affects your score.
Do I still need the Illinois state auctioneer license?Yes. This city bond does not replace the Illinois Department of Financial and Professional Regulation auctioneer license required under the Auction License Act — Wood Dale requires both before you conduct a sale inside city limits.
Related bonds

Other Illinois bonds.

Finish your Wood Dale license today.

$100 flat, soft pull only, bond often issued in the same sitting. Free until issued.

Your price$100
Apply now →