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Freeport second hand dealer bonds.
$100 flat.

The Incorporated Village of Freeport requires a second hand dealer to file a $5,000 bond as a condition of the license. Ours is $100 flat — the price you see is the checkout price. The bond issues the moment you pay — no credit check.

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Required for a Village of Freeport second hand dealer license — filed with the Village Clerk
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Fixed price, fixed amount — $5,000 bond, $100, no quote process
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Multi-year terms available — set it once for up to 3 years
A-ratedA.M. Best carriersInstantunderwriting process1–3 yrterms available
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a Freeport second hand dealer bond cost?

$100 at the $5,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

Second hand dealer bonds are about the simplest thing in surety. Here's the whole process:

NOW · ONLINE

Apply online

Business details and an effective date. That is the application. No credit check.

MINUTES, USUALLY

Pay & e-sign

Small license bonds like this are among the thousands of bond types that issue right after purchase.

SAME DAY

File with the Village Clerk

Your executed bond arrives by email, ready to file with your Village of Freeport second hand dealer license application. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

A second hand dealer bond is a consumer-and-public-protection guarantee for the Incorporated Village of Freeport. Dealers who buy and resell used goods — jewelry, electronics, precious metals — handle property that may be lost or stolen, so the Village conditions the license on a bond standing behind your honest dealing and recordkeeping.

It's a three-party arrangement: you (the principal), the surety carrier, and the Village of Freeport (the obligee), with the public as the protected parties. If a dealer violates the second hand dealer ordinance or defrauds a customer, the harmed party can recover against the bond.

It is not insurance for you. If the surety pays a claim, you repay the surety. Dealers who keep good records and deal honestly treat the bond as a license formality.

Incorporated Village of Freeport — Village ClerkThe Incorporated Village of Freeport requires this $5,000 surety bond as a condition of its second hand dealer license; the bond amount and terms are set by the Village and the bond is filed with the Village Clerk. We could not verify a specific published code section, so we frame this conservatively — confirm the filing details with the Village Clerk.

You need this bond if you're

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Applying for a Village of Freeport second hand dealer license — the bond is filed with your application
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Buying and reselling used goods — jewelry, electronics, precious metals — within the Village
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Renewing a second hand dealer license whose prior bond is expiring
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Opening a pawn or resale shop the Village licenses as a second hand dealer
After you buy

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 $5,000 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 Village Clerk. Your executed bond arrives by email, ready to file with your Village of Freeport second hand dealer license application. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $100 at the $5,000 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 →
FAQ

Common questions.

How much is the Freeport second hand dealer bond?The premium is $100 flat, the same for every dealer — set directly by our carrier's rate book. The $5,000 bond amount is set by the Village, so there is no quote process.
Do I pay the $5,000?No. You pay $100. The $5,000 is the surety's maximum liability if a valid claim is made — not a deposit, and nobody holds your money.
How fast will I have the bond?Small license bonds like this are among the thousands of bond types that issue right after purchase — many dealers finish the application and have the bond in the same sitting.
Is there a credit check?No credit check: the application collects no credit information. Most applications approve instantly.
Where do I file it?With the Incorporated Village of Freeport Village Clerk, alongside your second hand dealer license application. We issue the executed bond ready to submit.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Price and requirements checked on the carrier’s application, . Page updated .

Finish your Freeport second hand dealer license today.

$100 flat, no credit check, bond often issued in the same sitting. Free until issued.

Your price$100
Apply now →