Iowa grain warehouse bonds.
From $100.
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. Premiums are 0.5% of the bond amount, $100 minimum.
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How much does an Iowa grain warehouse bond cost?
0.5% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps to filed.
Your warehouse license is waiting on this bond. Here is the entire process — no broker phone tag:
Apply once, online
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.
Reviewed & approved
Larger warehouse bonds get a quick underwriting look; you hear from an underwriter within 48 hours if anything is needed. One soft credit pull, never a hard inquiry, and it never affects your score.
E-sign & file with IDALS
Pay online and receive the executed bond, ready to file with the Grain Warehouse Bureau. Wet-ink originals mailed on request.
What it is and who needs it.
What the warehouse bond actually covers
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 — premiums start from $100.
You need this bond if you're
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
E-sign & file with IDALS. Pay online and receive the executed bond, ready to file with the Grain Warehouse Bureau. Wet-ink originals mailed on request.
What sets the price
The premium is 0.5% 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: approved instantly, or after a quick credit check.
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 →Common questions.
Other Iowa bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Grain warehouse bond, issued this week.
Premiums from $100, soft pull only. Enter your amount and file with IDALS.