Mississippi auctioneer bonds.
$100 flat.
Mississippi requires every licensed auctioneer or auction firm to file a $10,000 bond with the Auctioneer Commission. Ours is $100 flat, set by our carrier's rate book for this bond. The bond issues the moment you pay — no credit check.
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How much does a Mississippi 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 the Auctioneer Commission
Your executed bond arrives by email, ready to file with your auctioneer or firm license application. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Mississippi licenses auctioneers and auction firms through the Mississippi Auctioneer Commission and conditions the license on a $10,000 surety bond under Miss. Code §73-4-29. The bond is a consumer-protection guarantee that you conduct auctions honestly and account properly for the money that passes through your hands.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Mississippi (the obligee), with sellers and buyers as the protected parties. If an auctioneer fails to remit sale proceeds or otherwise violates the auctioneering law, a harmed party can recover against the bond.
The bond must stay active as a condition of granting and retaining the license. Let it lapse and your license is at risk — so we track it and notify you 60 and 30 days out. It is not insurance for you: if the surety pays a claim, you repay the surety.
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 the Auctioneer Commission. Your executed bond arrives by email, ready to file with your auctioneer or firm license application. 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 Mississippi bonds.
The same bond in nearby states.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your auctioneer license today.
$100 flat, no credit check, bond often issued in the same sitting. Free until issued.