Bond Amount
$10,000 / $25,000
Typical Premium
$100–$1,250/yr
Term
2 Years
Required By
Florida Dept. of Business and Professional Regulation (DBPR)
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What Is the Florida Auctioneer Bond?

A Florida auctioneer bond is a money guarantee. It protects the people you sell for, not you. If you wrong a buyer or seller, they can claim against it. The surety pays, then you repay the surety.

How much bond you need in Florida:

Who Needs This Bond in Florida?

How to Get Bonded — Step by Step

  1. Start your Florida auctioneer license application.
  2. Buy your bond here. We match you with a strong surety.
  3. File the bond to the Florida DBPR.
  4. Get your license and run your auctions.

Renewal & Continuous Bond Coverage

Florida auctioneer licenses run two years. Your bond must stay in force the whole time. Renew early so you do not lose your license.

Frequently Asked Questions

Is the Florida bond different for a business?

Yes. Individual auctioneers post $10,000; auction businesses post $25,000.

Does the Florida bond protect me?

No. The bond protects your customers and the state, not you. If a claim is paid, you pay the surety back. The bond is not your own insurance.

How fast can I get bonded in Florida?

Most quotes come back fast, often within a day. Many bonds are issued the same day for good credit.

How much does the bond cost?

You pay a yearly premium — a small percent of the bond amount. Your rate depends mostly on your credit.

How a Surety Bond Works

An auctioneer bond is a type of surety bond. The picture below shows the three parties and what happens if someone files a claim.

Diagram of how a surety bond works: the obligee requires the bond, the principal applies and signs an indemnity agreement, and the surety issues the bond; if the principal fails, the obligee files a claim, the surety investigates and may pay, and the principal reimburses the surety.

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Related: All Florida surety bonds · What is a surety bond? · How surety bond costs are calculated

Underwriting Disclosure. All surety bond applications are subject to underwriting review and approval by the issuing surety company. Quoted premiums are estimates only; final pricing is determined by individual underwriting factors, which may include personal and business credit history, financial statements, industry experience, and claims history. Many bonds qualify for instant online approval, while others may require additional documentation, financial review, or indemnitor signatures prior to issuance. SuretyBondly makes no representation, warranty, or guarantee of approval, eligibility, premium amount, bond form, or issuance timing. Bond amounts, forms, and requirements are governed by the applicable obligee and statutory authority and may change without notice. Information provided on this page is for general informational purposes only and does not constitute legal, financial, or tax advice.