Virginia auctioneer bonds.
From $100.
The bond every licensed auctioneer files with the Virginia Auctioneers Board. The regulations set a $10,000 minimum — enter that, or a higher amount if a venue or contract requires it. Pricing is 1% of your bond amount, with a $100 minimum; your exact price appears instantly at the application.
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How much does a Virginia auctioneer bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard auctioneer bond — enter your amount, pay, and file with the Auctioneers Board. Here is the whole thing:
Apply online
Your business details, the bond amount (at least $10,000), and the effective date — that is the application.
Issued on the spot
No waiting for most applicants — the executed bond is generated as soon as you pay. Above $50,000, a soft pull may add a short review.
File with DPOR
Submit the executed bond with your auctioneer license application or renewal. Wet-ink originals mailed on request.
What it is and who needs it.
What the auctioneer bond actually covers
Virginia licenses auctioneers through the Department of Professional and Occupational Regulation's Auctioneers Board. Every applicant must submit evidence of a surety bond before the Board will issue or renew a license, under 18VAC25-21 and Va. Code §54.1-602 and §54.1-603.
The board's regulations set the bond at a minimum of $10,000, executed by a surety authorized to do business in the Commonwealth. The bond runs for a two-year term concurrent with the license, and protects parties harmed by an auctioneer's violation of Virginia auction law.
Because the $10,000 figure is a floor, a particular venue, consignment, or contract can call for a higher amount — enter whatever you have been asked for. Pricing is 1% of your bond amount, with a $100 minimum.
You need this bond if you are
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 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.
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 DPOR. Submit the executed bond with your auctioneer license application or renewal. Wet-ink originals mailed on request.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $50,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with your bond amount (at least $10,000) — the executed bond is generated instantly, ready to file.
Start the application →Common questions.
Other Virginia bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Auctioneer bond, issued today.
Priced at 1% of your bond amount ($100 minimum). Enter your amount and file with the Auctioneers Board the same day.