Washington auctioneer bonds.
From $100.
Washington requires a surety bond as a condition of an auctioneer or auction company registration with the Department of Licensing. An auctioneer posts $5,000; an auction company posts between $5,000 and $25,000. Pricing is 1% of your bond amount, with a $100 minimum — your exact price appears at the application.
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How much does a Washington 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 Department of Licensing. Here is the whole thing:
Apply online
Your business details, the bond amount your registration requires, and the effective date — that is the application.
Issued on the spot
No credit check up to $50,000.
File with the DOL
Submit the executed bond with your auctioneer or auction company registration. Wet-ink originals mailed whenever the state insists on them.
What it is and who needs it.
What the auctioneer bond covers
Washington licenses auctioneers and auction companies through the Department of Licensing under chapter 18.11 RCW, and conditions registration on a surety bond. The bond is a consumer-protection guarantee: it stands behind your handling of consignors' and buyers' money and your compliance with the auctioneer law.
The amount depends on who you are. An auctioneer posts a $5,000 bond. An auction company posts a bond or other security of not less than $5,000 and not more than $25,000, scaled to the business — the Department of Licensing tells you which figure applies.
The bond runs to the State of Washington for the benefit of anyone harmed by a violation of the auctioneer law. If a valid claim is paid, you repay the surety — it is not insurance for you. Enter the amount your registration requires — pricing is 1% of that amount, with a $100 minimum, and no credit check up to $50,000.
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 the DOL. Submit the executed bond with your auctioneer or auction company registration. Wet-ink originals mailed whenever the state insists on them.
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 required bond amount — the executed bond is generated instantly, ready to file with the Department of Licensing.
Start the application →Common questions.
Other Washington bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Auctioneer bond, issued today.
Pricing from $100. Enter your required amount and file with the Department of Licensing the same day.