Indiana livestock dealer bonds.
From $100.
Indiana licenses livestock dealers and market facilities through the Board of Animal Health, and conditions the license on a surety bond payable to the State of Indiana. The penal sum is tied to your transaction volume under IC 15-17-14 — the premium is 1% of the bond amount, $100 minimum, with a quick soft credit check that never affects your score.
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How much does an Indiana livestock dealer bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps to filed.
Enter your amount, give a one-time consent to a soft credit pull, and file with the Board. Here is the whole thing:
Apply once, online
Business details, owner information, the bond amount the Board set, and the effective date — plus a one-time consent to a soft credit pull.
Approved
Most are approved as soon as you apply. The soft pull never affects your score. If it needs a second look, one to two business days at most.
File with the Board of Animal Health
Pay online and receive the executed bond, payable to the State of Indiana, ready to file with your dealer or market license. Wet-ink originals mailed on request.
What it is and who needs it.
What the livestock bond actually guarantees
Indiana regulates livestock dealers and market facilities through the Board of Animal Health. Before operating, a dealer must execute and maintain a surety bond (or bond equivalent) payable to the State of Indiana, for the benefit of anyone damaged by a breach of the bond’s conditions — typically a seller who isn’t paid for livestock.
The penal sum is tied to your transaction volume. It may not be less than $10,000, and is generally set as a multiple of $5,000 based on the dollar amount of livestock transactions in the prior twelve months. Once the requirement exceeds $50,000, the bond need not exceed $50,000 plus 10% of the excess, rounded up.
If your gross business changes enough to warrant a higher amount, you must adjust the bond. It is not insurance for you — if the surety pays a claim, you repay the surety. We issue whatever penal sum the Board set; pricing starts from $100 and runs a quick soft credit check that never affects your score.
You need this bond if you are
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 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.
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 Board of Animal Health. Pay online and receive the executed bond, payable to the State of Indiana, ready to file with your dealer or market license. Wet-ink originals mailed on request.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued instantly.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued the same day.
Start the application →Common questions.
Other Indiana bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Livestock bond, issued today.
Pricing from $100, soft pull only. Enter the amount the Board set and file the same day.