Ohio auctioneer bonds.
$250 flat.
Ohio requires every licensed auctioneer to file a fixed $25,000 bond with the Department of Agriculture — ours is $250 flat, the price you see at application is the price you pay. The bond issues the moment you pay — no credit check.
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How much does an Ohio auctioneer bond cost?
$250 at the $25,000 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 your license
Your executed bond and power of attorney arrive by email, ready to file with your Department of Agriculture auctioneer license application or renewal. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
An auctioneer bond is a buyer-and-seller-protection guarantee. You handle other people's property and the proceeds from selling it — Ohio wants a financial backstop that you'll account for that money and conduct auctions honestly.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Ohio (the obligee), with the people you auction for and sell to as the protected parties. If an auctioneer mishandles sale proceeds or violates auction law, a harmed party can recover against the bond.
The bond must stay active for the life of your license. Let it lapse and the Department of Agriculture can act against the license — so we track it and notify you 60 and 30 days out, keeping your $25,000 filing continuous.
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 $25,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The 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
File with your license. Your executed bond and power of attorney arrive by email, ready to file with your Department of Agriculture auctioneer license application or renewal. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $250 at the $25,000 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 Ohio bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your license checklist today.
$250 flat, no credit check, bond often issued in the same sitting. Free until issued.