What is a Pawnbroking Surety Bond?
A Pawnbroking Surety Bond regulates owners and operators of pawn shops. The Pawnbroking Surety Bond protects consumers against misrepresentation, fraud, financial failure, breach of contract, and violation of other industry-specific state statutes.
What is the current market for a Pawnbroking Surety Bond?
Pawnbroking Surety Bonds are widely written by multiple surety bond markets. The respective minimum and maximum bond amounts for the Pawnbroking Surety Bond vary by state and may differ. Terms of approval and premium are largely determined by the financial condition of the pawn broker’s corporate and/or personal net worth, experience, and the needed bond amount.
How do I apply for a Pawnbroking Surety Bond?
- Start by filling out our Pawnbroking Surety Bond application
- E-mail or fax the information to firstname.lastname@example.org or (888) 204-8716
Please note that additional underwriting information may be needed depending on bond request, information submitted, and to obtain the lowest possible rate.