Minnesota general merchandise warehouse bonds.
From $100.
A Minnesota general merchandise (public) warehouse operator files a $10,000 surety bond to the state with the Department of Agriculture under Minn. Stat. 231.17. The premium is 0.5% of your bond amount, $100 minimum. One soft credit pull for approval, never a hard hit.
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How much does a Minnesota general merchandise warehouse bond cost?
0.5% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps to filed.
Your warehouse license is waiting on this bond. Here is the whole process — no broker phone tag:
Apply once, online
Your warehouse details, the bond amount, and the effective date. The only extra step is a one-time consent to a soft credit pull.
Approved
Most are approved as soon as you apply. The soft credit pull never affects your score. If it needs a second look, one to two business days at most.
File with the Department of Agriculture
Pay online and receive the executed bond ready to file with your general merchandise warehouse license application. Wet-ink originals mailed on request.
What it is and who needs it.
What the warehouse bond covers
Minnesota licenses public warehouses — including general merchandise storage operators — through the Department of Agriculture under Minn. Stat. Chapter 231. As a condition of the license, the operator files a surety bond to the State of Minnesota that the department finds acceptable.
Under Minn. Stat. 231.17, the bond is in the amount of $10,000, conditioned on the faithful discharge of the operator’s duties and full compliance with chapter 231 and the department’s rules and orders. The bond must be continuous — the surety gives 90 days’ written notice to cancel, and failure to maintain the bond voids the license.
If an operator mishandles stored goods or otherwise violates chapter 231, a harmed depositor can recover against the bond — and if the surety pays, the operator repays the surety. We issue the amount your license requires, with pricing from $100 via a soft credit pull only.
You need this bond if you are
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 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.
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 the Department of Agriculture. Pay online and receive the executed bond ready to file with your general merchandise warehouse license application. Wet-ink originals mailed on request.
What sets the price
The premium is 0.5% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not 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, issued instantly.
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 Minnesota bonds.
Price and requirements checked on the carrier’s application, . Page updated .
The Department of Agriculture is waiting on one document.
Pricing from $100, soft pull only. Enter your required amount and file the same day.
