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Yonkers auctioneer bonds.
$100 flat.

The City of Yonkers, New York requires an auctioneer to file a fixed $5,000 bond with the City to hold an auctioneer license. Our carrier's rate book prices this specific bond at a flat $100 — the same for every auctioneer, no quote round-trip.

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Required by the City of Yonkers as a condition of its auctioneer license
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Fixed price, fixed amount — $5,000 bond, $100 flat, no quote process
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Multi-year terms available — set it up 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 Yonkers auctioneer bond cost?

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

How it works

Three steps. One sitting.

City license bonds are the simplest thing in surety. Here's the entire process:

NOW · ONLINE

Apply online

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

MINUTES, USUALLY

Pay & e-sign

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

SAME DAY

File with the City of Yonkers

Your executed bond and power of attorney arrive by email, ready to file with your auctioneer license application. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the Yonkers auctioneer bond guarantees

An auctioneer license bond is a consumer-protection guarantee to the City. Yonkers wants assurance that a licensed auctioneer will run sales honestly — account for proceeds, deliver goods, and follow the City auctioneer ordinance.

It is a three-party arrangement: you (the principal), the surety carrier, and the City of Yonkers (the obligee), with buyers and consignors as the protected parties. If an auctioneer mishandles proceeds or violates the ordinance, a harmed party can recover against the $5,000 bond.

The bond must stay active for the life of your license. Let it lapse and the City can suspend your auctioneer license — so we track it and notify you ahead of expiration.

City of Yonkers — auctioneer licenseThe City of Yonkers requires this $5,000 bond as a condition of its auctioneer license. The bond amount ($5,000) is set by the City; confirm the filing details with the Yonkers City Clerk / licensing office before you buy.

You need this bond if you're

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Applying for a Yonkers auctioneer license — the bond is filed with your application
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An auctioneer running sales inside the City of Yonkers
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An estate or liquidation auctioneer the City requires to be licensed and bonded
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Renewing your auctioneer license and your prior bond is expiring
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 City of Yonkers. Your executed bond and power of attorney arrive by email, ready to file with your auctioneer 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 Yonkers auctioneer bond?The premium is $100 flat, set by our carrier's rate book for this specific $5,000 bond — the same for every auctioneer, no quote round-trip.
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 against the bond — not a deposit.
How fast will I have the bond?License bonds like this are among the thousands of bond types that issue right after purchase — many auctioneers 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.
When does it renew?The bond must stay active for as long as you hold the license. You can buy a 1, 2, or 3-year term; we send renewal notices ahead of expiration so your license never lapses over a missed email.
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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Been told you need a different amount?

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

Finish your Yonkers auctioneer license today.

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

Your price$100
Apply now →