LA auctioneer bonds.
$300. Five minutes.

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.

Required for your LA auctioneer or apprentice license — new applicants and renewals
Fixed price, fixed amount — $10,000 bond, $300, no quote process
Multi-year terms available — set it up once, forget it for up to 3 years
A-ratedA.M. Best carriersFastoften same purchase1–3 yrterms available
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps. One sitting.

License bonds are the simplest thing in surety. Here's the entire process:

NOW · 5 MINUTES

Apply online

Your details and an effective date. That's the application — no financials, no credit check section, no follow-up scavenger hunt.

MINUTES, USUALLY

Pay & e-sign

License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.

SAME DAY

File with the Licensing Board

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.

The whole pricing page.

$10,000 bond × 3% = $300, one-time per term. Fixed amount, fixed price, multi-year if you want it.

1-year term
$300
2-year term
$600
3-year term
$900
About this bond

What it is and who needs it.

What the bond actually guarantees

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.

R.S. 37:3118 (Auctioneers Licensing Board)Louisiana Revised Statutes 37:3118 requires each applicant for an auctioneer or apprentice auctioneer license to deposit with the Auctioneers Licensing Board either $10,000 in cash or a $10,000 surety bond, for the financial security and enforcement of the license law and the protection of the public against fraud or breach of an auction contract. Confirm your exact requirement with the Board.

You need this bond if you're

Applying for a LA auctioneer license — the bond is deposited with the Licensing Board
Applying as an apprentice auctioneer under the same $10,000 requirement
Renewing your license and your current bond is expiring or non-renewing
Reciprocally licensing into Louisiana from another state

Five minutes. The whole thing.

These are the actual issuing fields — no credit check section, because this bond doesn't have one.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the Louisiana auctioneer bond? +
The premium is $300 — a flat 3% of the fixed $10,000 bond amount, the same for every auctioneer. The $10,000 is set by statute, so there is no quote process.
Do I pay the $10,000? +
No. You pay $300. The $10,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money. The statute also lets you deposit $10,000 in cash instead, but the bond is cheaper.
How fast will I have the bond? +
License bonds like this are among the thousands of bond types that issue right after purchase — many auctioneers finish the application and have the bond in the same sitting. At most, 1–2 business days.
Is there a credit check? +
Not on this bond — the application has no credit section at all. Small fixed-amount license bonds like this one don't need one.
When does it renew? +
The bond must stay active for as long as you hold the license. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so your license never lapses over a missed email.
Related bonds

Other New York bonds.

Finish your auctioneer license today.

$300 flat, five-minute application, bond often issued in the same sitting. Free until issued.

Your premium @ 3%$300
Apply now →