Montana dealer & warehouse bonds.
From $100.
An operator licensed as both a commodity dealer and a public warehouse can file a single combined bond with the Department of Agriculture. The amount is set by the department from your commodity purchases and licensed capacity together. Premiums run 1% of the bond amount, with a $100 minimum.
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How much does a Montana dealer & warehouse bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps to a licensed operation.
Both your licenses ride on this bond. Here is the whole process — no broker phone tag:
Apply online
Business details, the combined bond amount the department set, and an effective date — plus a one-time consent to a soft credit pull. That is the application.
Reviewed & approved
Most clear quickly; larger amounts may get a quick underwriter look within 48 hours. Any credit check that runs is a soft pull that never affects your score.
E-sign & file with the Department of Agriculture
Pay online and receive the executed bond ready to file with your combined license application. Wet-ink originals mailed whenever the department insists.
What it is and who needs it.
What the combined bond actually covers
Some Montana operators hold both licenses — buying commodities from producers as a commodity dealer and storing commodities for others as a public warehouse operator. The Department of Agriculture licenses both under MCA Title 80, Chapter 4, and a combined bond can satisfy both filings.
The bond protects both groups: the producers you buy from (the dealer side) and the depositors whose grain you store (the warehouse side). The dealer amount is set from your purchases, and the warehouse amount from your licensed capacity on the per-hundredweight schedule — each with a $20,000 floor and a $1,000,000 cap, so a combined bond commonly starts around $40,000.
It is a three-party guarantee — you (the principal), the surety, and the State of Montana for the benefit of producers and depositors. If the surety pays a claim, you repay the surety. Tell us the combined amount the department set; premiums start from $100 and your exact price is set at application.
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 term is set on the carrier’s application; the premium covers the period shown there.
Renewal falls on the statutory date, June 30, in the year your term ends.
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 the Department of Agriculture. Pay online and receive the executed bond ready to file with your combined license application. Wet-ink originals mailed whenever the department insists.
What sets the price
The premium is 1% 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: approved instantly, or after a quick credit check.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.
Start the application →Common questions.
Other Montana bonds.
Price and requirements checked on the carrier’s application, . Page updated .
The Department of Agriculture is waiting on one document.
Premiums from $100, e-signed bond in 1–2 business days. Free until issued.