Louisiana requires every licensed auctioneer to file a $10,000 bond with the Auctioneers Licensing Board — ours is $300 flat, which is 3% of the bond amount. The application is five minutes, and license bonds like this are the fastest thing we issue.
















License bonds are the simplest thing in surety. Here's the entire process:
Your details and an effective date. That's the application — no financials, no credit check section, no follow-up scavenger hunt.
License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond and power of attorney arrive by email, ready to deposit with the Louisiana Auctioneers Licensing Board for your license. Wet-ink original mailed on request.
$10,000 bond × 3% = $300, one-time per term. Fixed amount, fixed price, multi-year if you want it.
A Louisiana auctioneer bond is a public-protection guarantee. You handle other people's property and money at auction, so the state wants a financial backstop that you'll follow the auctioneer license law and honor your written auction contracts.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Louisiana through the Auctioneers Licensing Board (the obligee), with the public as the protected parties. If an auctioneer commits fraud or breaches an auction contract, the harmed party can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. The statute lets an applicant deposit $10,000 in cash or a $10,000 surety bond; the bond is almost always cheaper, since you pay the 3% premium instead of tying up the full amount.
These are the actual issuing fields — no credit check section, because this bond doesn't have one.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
$300 flat, five-minute application, bond often issued in the same sitting. Free until issued.