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New York wholesale cigarette dealer bonds.
$100 flat.

New York requires every wholesale cigarette dealer to file a fixed $10,000 bond with the Department of Taxation and Finance — ours is $100 flat. The bond issues the moment you pay — no credit check.

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Required for your NY wholesale cigarette dealer license — new applicants and renewals
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Fixed price, fixed amount — no quote process, no underwriting maze
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Multi-year terms available — set it up once, forget it 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 New York wholesale cigarette dealer bond cost?

$100 at the $10,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

Tax bonds like this are among the simplest things in surety. Here's the entire process:

NOW · ONLINE

Apply online

Business details, your dealer location, and an effective date. That is the application. No credit check.

MINUTES, USUALLY

Pay & e-sign

Fixed-amount tax bonds like this are among the thousands of bond types that issue right after purchase.

SAME DAY

File with your license

Your executed bond arrives by email, ready to file with the Department of Taxation and Finance alongside your wholesale dealer license application or renewal. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

A wholesale cigarette dealer bond is a tax-payment guarantee. As a wholesaler you buy and affix New York cigarette tax stamps, and the state wants a financial backstop that the taxes, fees, and penalties owed under the cigarette tax law will actually be paid.

It's a three-party arrangement: you (the principal), the surety carrier, and the State of New York acting through the Department of Taxation and Finance (the obligee). If a dealer fails to pay sums due or violates the cigarette tax law, the state can recover against the bond up to the $10,000 penal sum.

The bond stays on file as a condition of your license. We track your term and notify you 60 and 30 days out, so your wholesale dealer license never lapses over expired surety paperwork.

NY licensing requirementNY Tax Law §480 requires each wholesale cigarette dealer applicant to file a $10,000 surety bond, approved by the Superintendent of Financial Services, to secure payment of any sums due for a violation of Article 20 (the cigarette and tobacco products tax). See also 20 NYCRR §72.1.

You need this bond if you're

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Applying for a NY wholesale cigarette dealer license — the bond is filed with your application
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Renewing your license and your bond is expiring or your surety non-renewed
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Adding a wholesale dealer license alongside a cigarette agent license
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A distributor expanding into New York and registering to stamp and sell cigarettes here
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 $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 your license. Your executed bond arrives by email, ready to file with the Department of Taxation and Finance alongside your wholesale dealer license application or renewal. 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 →
FAQ

Common questions.

Why is the price exactly $100?New York fixes the bond amount at $10,000, and our carrier's rate book sets the premium for this specific bond at $100 flat — the same premium for every dealer, with nothing added on.
Do I pay the $10,000?No. You pay $100. The $10,000 is the surety's maximum liability if the state makes a valid claim for unpaid cigarette taxes or penalties — not a deposit, and nobody holds your money.
How fast will I have the bond?Fixed-amount tax 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. Small fixed-amount bonds like this one don't need one.
What does the bond actually cover?It secures payment of sums due for any violation of the New York cigarette and tobacco products tax law (Tax Law Article 20) — the taxes, fees, and penalties tied to your wholesale dealing of cigarettes. It protects the state, not you, but it lets you hold the license that lets you operate.
I already hold a cigarette agent license. Do I still need this?The wholesale dealer bond is tied to the wholesale dealer license specifically. If your license includes wholesale dealing, New York requires the $10,000 bond on file. No credit check.
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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Been told you need a different amount?

Price and requirements checked on the carrier’s application, . Page updated .

Get your dealer license bond on file today.

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

Your price$100
Apply now →