An Iowa licensed grain warehouse operator can be required to file a surety bond with the Department of Agriculture and Land Stewardship under Iowa Code chapter 203C, sized to the value of products stored. We issue it at a flat 3% with one soft credit pull — enter the amount your license requires.
















Your warehouse license is waiting on this bond. Here is the entire process — no broker phone tag:
Business details, owner information, the required amount, and an effective date. The only extra step is a one-time consent to a soft credit pull.
Larger warehouse bonds get a quick underwriting look; you hear from an underwriter within 48 hours if anything is needed. The credit check is a soft pull that never affects your score.
Pay online and receive the executed bond, ready to file with the Grain Warehouse Bureau. Wet-ink originals mailed on request.
Bond amount × 3% = your premium, one-time, $275 minimum. A soft credit pull affects approval, never the price.
Iowa licenses grain (and other) warehouse operators through the Department of Agriculture and Land Stewardship's Grain Warehouse Bureau under Iowa Code chapter 203C. In lieu of an indemnity fund participation, an operator can be required to file a surety bond (or irrevocable letter of credit) sized to the value of stored products.
The bond protects the depositors who store grain or other products in the warehouse — if the operator fails or cannot deliver stored product, harmed depositors can recover against the bond.
For warehouses storing products other than bulk grain, Iowa rules set a $3,000 minimum, rising to $20,000 at $50,000 of stated value, then $1,000 of bond for each additional $5,000 of stated value. It is not insurance for you: if the surety pays a depositor, you repay the surety. Enter the figure your license requires and we issue at a flat 3%.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
Five-minute application, flat 3%, $275 minimum, soft pull only. Enter your amount and file with IDALS.