Bond cost index
Auctioneer Bond Cost
Auctioneer bonds guarantee that a licensed auctioneer or auction company will follow state auction law and handle sale proceeds honestly for sellers and buyers.
How much does a auctioneer bond cost?
A auctioneer bond amount typically ranges from $5,000 to $25,000 depending on the state. Premium runs about 1% to 15% of the bond amount per year, set by underwriting based on credit and financials. Standard credit lands near the low end.
Data as of 2026-06-17. Methodology v1.
Bond amount and premium by state
| State | Bond amount | Premium rate band | Estimated annual premium |
|---|---|---|---|
| Alabama | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Arkansas | Not required | 1% to 15% | Not required |
| Florida | Not required | 1% to 15% | Not required |
| Georgia | Not required | 1% to 15% | Not required |
| Illinois | Not required | 1% to 15% | Not required |
| Indiana | Not required | 1% to 15% | Not required |
| Kentucky | Not required | 1% to 15% | Not required |
| Louisiana | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Maine | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Massachusetts | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Mississippi | $10,000 | 1% to 15% | $100 to $1,500/yr |
| North Carolina | Not required | 1% to 15% | Not required |
| Pennsylvania | $5,000 | 1% to 15% | $100 to $750/yr |
| Texas | Not required | 1% to 15% | Not required |
| Virginia | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Washington | $5,000 | 1% to 15% | $100 to $750/yr |
| West Virginia | $25,000 | 1% to 15% | $250 to $3,750/yr |
These are estimated ranges, not quotes. Final premium is set by underwriting and depends on the bond amount, your credit and financials, the bond class, and the obligee. A firm number takes a short application.