IN livestock dealer bonds.
Flat 3%. Soft pull only.
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 — we issue it at a flat 3%, soft credit pull only.
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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.
Reviewed & approved
Most clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The soft pull never affects your score.
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.
The whole pricing page.
Bond amount × 3% = your premium, one-time, $275 minimum. A soft credit pull affects approval, never the price.
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, at a flat 3% with a soft credit pull only.
You need this bond if you are
Five minutes. The whole thing.
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.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Indiana livestock dealer bond? +
How is the bond amount calculated? +
Is there a credit check? +
Who is protected by the bond? +
What if my business grows? +
Other New York bonds.
Livestock bond, issued today.
Five-minute application, flat 3%, soft pull only. Enter the amount the Board set and file the same day.