Auctioneers, apprentice auctioneers, auction companies, trading assistants, and trading assistant companies Required when: Required as a condition of initial licensure or registration and for biennial renewal Exemptions: Sales by court or government order, sales in the settlement of an estate or trust, and sales by ch…
Overview
What it is.
Auctioneers, apprentice auctioneers, auction companies, trading assistants, and trading assistant companies Required when: Required as a condition of initial licensure or registration and for biennial renewal Exemptions: Sales by court or government order, sales in the settlement of an estate or trust, and sales by ch…
Miscellaneous commercial bonds cover a wide range of business obligations not fitting other categories. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Pricing varies by specific bond type and requirements. Some miscellaneous bonds may price higher depending o…
Typical timeframe
Credit-based approval — varies by bond type
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StatePABond amount$5,000Term lengthContinuousObligeePennsylvania State Board of Auctioneer ExaminersRenewalThe bond must be maintained in full force and effect for the duration of the license. Licenses are renewed biennially by February 28 of every odd-numbered year. If the surety cancels the bond, they must provide 10 days'…Bond classMiscellaneous CommercialCategoryProfessional ServicesBondSurety BondStatutory reference63 P.S. § 734.7JurisdictionState
