Indiana pawnbroker bonds.
From $100.
Indiana licenses pawnbrokers through the Department of Financial Institutions (DFI), and conditions the license on a surety bond under IC 28-7-5-5.5. The amount is set by the DFI director — generally $50,000 per location, up to a maximum — and the premium is 1% of the bond amount, $100 minimum. Enter your amount and the exact price appears in the calculator.
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How much does an Indiana pawnbroker bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
Enter your amount, pay, and file with the DFI. Here is the whole thing:
Apply online
Your business details, your county of principal, the bond amount the DFI requires, and an effective date — that is the application.
Reviewed & issued
The executed bond is generated once you pay. Larger amounts may get a quick underwriter review — an underwriter reaches out within 48 hours if anything is needed.
File with the DFI
Submit the executed bond with your pawnbroker license application or renewal at the Indiana Department of Financial Institutions. Wet-ink originals mailed on request.
What it is and who needs it.
What the Indiana pawnbroker bond covers
Indiana regulates pawnbrokers under IC 28-7-5, with licensing through the Department of Financial Institutions (DFI). The license is conditioned on a surety bond payable to the department for the benefit of Indiana residents who use the pawnbroker’s services.
Under IC 28-7-5-5.5, the bond amount is set by the DFI director — generally $50,000 per pawnshop location, up to a $200,000 maximum. The bond covers the licensee and the licensee’s employees and agents, and must stay in effect for two years after the license is surrendered or terminated.
The bond stands behind your compliance with Indiana pawnbroking law. If a customer is harmed by a violation, they can recover against the bond — and if the surety pays, you repay the surety. We issue the amount the DFI set, with premiums starting from $100, from carriers rated A- or better as the statute requires.
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 DFI. Submit the executed bond with your pawnbroker license application or renewal at the Indiana Department of Financial Institutions. 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.
No credit check up to $25,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued fast.
Submit the application with the bond amount the DFI required — the executed bond is generated once you pay, ready to file.
Start the application →Common questions.
Other Indiana bonds.
The same bond in nearby states.
Price and requirements checked on the carrier’s application, . Page updated .
Indiana pawnbroker bond, issued fast.
From $100. Enter the amount the DFI required and file with your license.