Rhode Island Auctioneer Surety Bond

We write $10,000 Auctioneer Bonds in Rhode Island.

Our GOOD CREDIT price is $100.

Click for a No Obligation Quote

Rhode Island Auctioneer Bonds are required by the Learn More

I am an ...

Most Obligee's require that the name on the Bond EXACTLY match your license or license application.
Type of Entity
Has the business or any of the owners been involved in:

If there are documents that you would like to upload for our review, please upload them below

By submitting this Application, the owners listed above hereby authorize BondAbility, (including any of its representatives affiliates, agents or designees) to conduct any and all investigative inquiries including but not limited to obtaining consumer credit reports. Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance or statement of claim containing any materially false, incomplete, or misleading information, or conceals information concerning any material fact whereto, commits a fraudulent insurance act, which is a crime punishable by incarceration, and shall also be subject to civil penalties

Additional Information about the R.I. Auctioneer Surety Bond

Thinking about becoming an auctioneer in Rhode Island? Or maybe you're just curious about how they're regulated? Either way, you'll definitely come across something called an Auctioneer Surety Bond. Basically, the Rhode Island Auctioneer Surety Bond is a promise that auctioneers will operate responsibly. It's a way to ensure fairness and provide a clear path for recourse if things go sideways.

Why is this surety bond required?

    It's the law! To get your auctioneer license or apprentice permit in Rhode Island, the Department of Business Regulation (DBR) requires you to have this bond in place. No bond, no license.
    It protects the public. If, for any reason, you as an auctioneer were to act dishonestly, misrepresent items, or mishandle funds, the bond provides a way for an affected party to get their money back.
    It shows you're legitimate. Having a bond demonstrates to your clients that you're a serious, responsible professional who meets state requirements.

Click for a No Obligation Quote