Maryland grain dealer license bonds.
$1,000 flat.
Maryland requires every licensed grain dealer to file a $100,000 bond with the Department of Agriculture. Ours is $1,000 flat, set by our carrier's rate book, identical for every dealer. A quick soft credit check may apply — never a hard inquiry; the bond is issued when you pay.
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How much does a Maryland grain dealer license bond cost?
$1,000 at the $100,000 amount, the same for every applicant.
Three steps to licensed.
Your grain dealer license is waiting on this bond. Here's the entire process — no broker phone tag:
Apply once, online
Business details, owner information, a few commercial questions, and effective date — plus a one-time consent to a soft credit pull.
Approved
Most are approved as soon as you apply. One soft credit pull, never a hard inquiry, and it never affects your score. If it needs a second look, one to two business days at most.
E-sign & file with Agriculture
Pay online and receive the executed bond, ready to file with your grain dealer license application. Wet-ink originals mailed whenever the State insists.
What it is and who needs it.
What the bond actually guarantees
Maryland licenses grain dealers through the Department of Agriculture — anyone in the business of buying, receiving, exchanging, or storing grain from a producer must hold an annual license. The license is conditioned on a $100,000 surety bond.
The bond is a producer-protection guarantee: it stands behind the money you owe the farmers and grain producers you buy from. It's a three-party arrangement — you (the principal), the surety, and the State together with the producers as protected parties.
If a dealer fails to pay a producer for delivered grain, the harmed producer can recover against the bond — and the surety's total liability for all claims is capped at the $100,000 penal sum. It is not insurance for you: if the surety pays, you repay the surety. Dealers who pay producers on time treat it as a license formality.
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 $100,000 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
E-sign & file with Agriculture. Pay online and receive the executed bond, ready to file with your grain dealer license application. Wet-ink originals mailed whenever the State insists.
What sets the price
The premium is fixed at $1,000 at the $100,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or 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, one soft pull.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is issued when you pay.
Start the application →Common questions.
Other Maryland bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
The Department of Agriculture is waiting on one document.
$1,000 flat, short application, bond issued when you pay. Free until issued.