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Washington grain dealer & warehouseman bonds.
From $500.

Washington licenses grain dealers and warehouse operators through the Department of Agriculture under RCW 22.09, and conditions the license on a surety bond. The warehouse bond runs $50,000 to $750,000, set by storage capacity or gross sales — pricing is 1% of your bond amount, $500 at the $50,000 statutory minimum.

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Required for a grain dealer or warehouse license under RCW 22.09, filed with the Department of Agriculture
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Warehouse amount runs $50,000 to $750,000, set by storage capacity or a percentage of gross sales
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One soft credit pull — never a hard inquiry, and it never affects your score
1% rate$500 at the $50,000 minimumSoft pull onlynever a hard inquiryFastinstant underwriting for most
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 Washington grain dealer & warehouseman bond cost?

1% of the bond amount, from $500 at the $50,000 minimum. Enter your amount in the calculator for the exact price.

How it works

Three steps to filed.

Enter your amount, consent to a soft credit pull, and file with the Department of Agriculture. Here is the whole thing:

TODAY · ONLINE

Apply once, online

Your business details, the bond amount the Department set, and the effective date — plus a one-time consent to a soft credit pull.

WITHIN 48 HOURS

Reviewed & approved

Most clear quickly; if underwriting needs anything on a larger amount, you hear from an underwriter within 48 hours. One soft credit pull, never a hard inquiry, and it never affects your score.

1–2 BUSINESS DAYS

E-sign & file

Pay online and receive the executed bond, ready to file with the Department of Agriculture. Wet-ink originals mailed whenever the Department insists.

About this bond

What it is and who needs it.

What the grain bond actually covers

The Washington Department of Agriculture licenses grain dealers and warehouse operators under the agricultural commodities chapter, RCW 22.09. The bond runs to the State and protects producers and depositors who deliver or sell agricultural commodities — if the dealer or warehouse fails to pay or account for the grain, harmed parties can recover against it.

For a warehouse license, the bond is not less than $50,000 nor more than $750,000, computed at a per-bushel rate against licensed commodity storage capacity (RCW 22.09.090). A grain dealer bond is computed instead as a percentage of the commodities the dealer bought from producers in its last fiscal year, and an applicant for both licenses may file a single bond computed on whichever basis is greater.

A grain bond filed and approved remains in force without periodic renewal until the license is revoked or canceled — the surety can be released only on statutory notice. If the surety pays a claim, you repay the surety. We issue the amount the Department set, priced from $500 with one quick soft credit check.

RCW 22.09.090 & 22.09.100RCW 22.09 conditions a Washington grain dealer or warehouse license on a surety bond to the State for the protection of producers and depositors. A warehouse bond is not less than $50,000 nor more than $750,000, computed at a per-bushel rate against licensed commodity storage capacity (RCW 22.09.090); a grain dealer bond is computed as a percentage of the commodities bought from producers, and a single bond covering both licenses is computed on whichever basis is greater. The bond remains in force without periodic renewal until the license is canceled, and the surety is released only on statutory notice (RCW 22.09.100). Confirm your required amount with the Department of Agriculture.

You need this bond if you are

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Licensing a grain warehouse that stores agricultural commodities for others
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A grain dealer buying or handling commodities from Washington producers
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Increasing capacity or sales that raise your Department-set bond amount
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Replacing a surety after a non-renewal or cancellation notice
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 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

E-sign & file. Pay online and receive the executed bond, ready to file with the Department of Agriculture. Wet-ink originals mailed whenever the Department insists.

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.

One soft credit pull, never a hard inquiry, and it never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application, one soft pull.

Submit the application with the bond amount the Department set and a one-time consent to a soft credit check — your bond is typically issued within 1–2 business days.

Start the application →
FAQ

Common questions.

How much is the Washington grain bond?Premium is 1% of your bond amount — $500 at the $50,000 statutory minimum. The bond amount itself is set by the Department of Agriculture: a warehouse bond runs $50,000 to $750,000 by storage capacity or gross sales. Enter your figure at the application and see your exact price.
How is the warehouse bond amount set?RCW 22.09.090 computes it at a per-bushel rate against licensed commodity storage capacity — not less than $50,000 and not more than $750,000. A single bond covering both a warehouse and a grain dealer license is computed on that rate or on a percentage of commodity purchases, whichever is greater. The Department sets the final figure.
Does the bond expire each year?No. Under RCW 22.09.100, a filed and approved grain bond remains in force without periodic renewal until the license is revoked or canceled, and the surety can be released only on statutory notice. You still pay premium per year.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. It affects approval, not price — premium is set at 1% of your bond amount, $500 at the $50,000 statutory minimum.
What does the bond protect?It protects producers and depositors who deliver or sell agricultural commodities to a licensed dealer or warehouse. If the licensee fails to pay or account for the grain, harmed parties can recover against the bond.
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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Price and requirements checked on the carrier’s application, . Page updated .

Grain bond, issued this week.

Pricing from $500, soft pull only. Enter the amount the Department set and file in 1–2 business days.

Your premiumfrom $500
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