South Carolina pawnbroker deposit bonds.
$150 flat.
South Carolina requires every licensed pawnbroker to maintain a $15,000 special deposit — a surety bond is the accepted form. Ours is $150 flat — the price you see is the checkout price. Deposit bonds like this are issued on the spot.
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How much does a South Carolina pawnbroker deposit bond cost?
$150 at the $15,000 amount, the same for every applicant.
Three steps. One sitting.
Deposit bonds are among the simplest things 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
Fixed deposit bonds like this are among the thousands that issue right after purchase.
File with your pawnbroker license
Your executed bond arrives by email, ready to file with your South Carolina pawnbroker license application or renewal. Wet-ink original mailed on request.
What it is and who needs it.
What the special deposit bond guarantees
South Carolina licenses pawnbrokers and requires each one to maintain a $15,000 special deposit as a financial backstop for the public it serves. A surety bond is the accepted form of that deposit — you post the bond rather than tie up $15,000 in cash with the state.
It is a three-party arrangement: you (the principal), the surety carrier, and the State of South Carolina (the obligee), with your pawn customers as the protected parties. If a pawnbroker mishandles pledged property or customer money in violation of the pawnbroker law, a harmed customer can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. The deposit must stay in place for the life of your license, so we track it and send renewal notices 60 and 30 days out, keeping your $15,000 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 $15,000 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 pawnbroker license. Your executed bond arrives by email, ready to file with your South Carolina pawnbroker license application or renewal. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $150 at the $15,000 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 South Carolina bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Pawnbroker deposit, one document away.
$150 flat, no credit check, bond often issued in the same sitting. Free until issued.