American Surety Bonds Agency, LLC provides simplified and fast underwriting for Auctioneer Bonds.
What is an Auctioneer Bond?
An Auctioneer Bond is a type of license bond that guarantees that the auctioneer will comply with the rules and regulations in place for selling products via auction. While bond obligations vary by state, most will ensure that the auctioneer will indeed sell the product advertised, not participate in fraudulent activity and remit the funds to the appropriate parties.
Bond amount, bond obligation and effective dates vary by Obligee.
What are the underwriting guidelines?
Auctioneer Bonds are underwritten on the following criteria:
- Bond Amount
- Obligee Obligation
- Corporate and Personal Credit History
- Corporate and Personal Net Worth
- Length of Time in Business
How much does the bond cost?
American Surety Bonds Agency has a number of programs in place for Auctioneer Bonds. Our 5 tiered programs start at less than 1% of the bond amount with competitive rates for all applicants.
Contact us today to find out which program you qualify for.
How do I apply for an Appraiser Bond?
To apply for an Appraiser Bond, simply complete the bond application. Click here to download application our application and e-mail, fax or mail your application back to us to get started. Or, give us a call and we will be happy to get you started.
Apply today, Approved Today!
Who can I contact for more information?
MM, Senior Underwriter
Are there any other bonds I might need?