Detroit junk dealer bonds.
$100 flat.
The City of Detroit licenses junk dealers and conditions that license on a $2,000 surety bond. Ours is $100 flat — the price our carrier set for this bond, not a percentage calculation. The bond issues the moment you pay — no credit review of any kind, not even a soft pull.
Trusted by industry leaders
Three steps. One sitting.
City license bonds are the simplest thing in surety. Here's the entire process:
Apply online
Business details and an effective date. That's the application — no financials, no credit section, no follow-up scavenger hunt.
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.
File with the City of Detroit
Your executed bond and power of attorney arrive by email, ready to file with your City of Detroit junk dealer license application. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
A junk dealer bond is a public-and-consumer-protection guarantee. Junk dealers buy and resell salvage and used goods, and the City of Detroit wants a financial backstop that you keep proper records, don't deal in stolen property, and follow the City's junk dealer ordinance.
It's a three-party arrangement: you (the principal), the surety carrier, and the City of Detroit (the obligee), with the public as the protected party. If you violate the junk dealer ordinance and someone is harmed, a claim can be made against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. Dealers who keep clean records and follow the ordinance treat the bond as a license formality, and we keep your $2,000 filing continuous with renewal notices 60 and 30 days out.
You need this bond if you're
One application, issued instantly.
These are the actual issuing fields — the application has no credit section at all.
Start the application →Common questions.
Other Michigan bonds.
Finish your Detroit license checklist today.
$100 flat, no credit review, bond often issued in the same sitting. Free until issued.