Maine auctioneer bonds.
$100 flat.
Maine requires every licensed auctioneer to file a fixed $10,000 bond with the Board of Licensing of Auctioneers. Ours is $100 flat — the price set by our carrier's rate book for this bond, no quote process. The bond issues the moment you pay — no credit check.
Trusted by industry leaders
How much does a Maine auctioneer bond cost?
$100 at the $10,000 amount, the same for every applicant.
Three steps. One sitting.
License bonds are the simplest thing in surety. Here's the entire process:
Apply online
Business details and an effective date. That is the application. No credit check.
Pay & e-sign
License bonds like this are among the thousands of bond types that issue right after purchase.
File with your license
Your executed bond arrives by email, ready to file with your Board of Licensing of Auctioneers application or renewal. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Maine licenses auctioneers through the Board of Licensing of Auctioneers, part of the Office of Professional and Occupational Regulation (OPOR), under Title 32, Chapter 5-B. The license is conditioned on a $10,000 surety bond — a consumer-protection guarantee that you will conduct auctions honestly and account properly for the proceeds you handle.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Maine (the obligee), with the buyers and sellers you serve as the protected parties. If an auctioneer mishandles sale proceeds or violates auctioneer law, a harmed party can recover against the bond.
The bond must stay active for the term of your license. Let it lapse and your license can be affected — so we track it and notify you 60 and 30 days out, keeping your $10,000 filing continuous.
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 $10,000 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; a longer term is the same price per year, chosen at checkout.
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 your license. Your executed bond arrives by email, ready to file with your Board of Licensing of Auctioneers application or renewal. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $100 at the $10,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
No credit check.
One application, issued instantly.
These are the actual issuing fields. No credit check.
Start the application →Common questions.
Other Maine bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your license checklist today.
$100 flat, no credit check, bond often issued in the same sitting. Free until issued.