Kentucky Pawnbroker Bonds
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What Are Kentucky Pawnbroker Bonds?
Kentucky pawnbroker bonds, also known as pawnbroker license bonds, ensure that pawnshops follow government regulations and operate honestly. They protect government entities and consumers from financial harm if a pawnshop owner or dealer is fraudulent or noncompliant with licensing laws.
Who Needs a Pawnbroker License Bond in Kentucky?
Kentucky has the following surety bond requirements for pawnbrokers and pawnshop owners:
Pawnshop bonds provide a financial guarantee that you will follow licensing regulations. If you violate the bond terms, the surety provider will compensate the claimant up to the full bond amount.
How Much Does a Pawnbroker Bond Cost in Kentucky?
Kentucky pawnbroker bonds cost a flat rate of $100 per year for all applicants. Or, you can save 25% per year by selecting a multi-year term. Select the bond you need below to buy your bond instantly online.
SuretyBonds.com does not charge any additional brokerage fees.
How Do I Apply for a Kentucky Pawnshop Bond?
With SuretyBonds.com, you can get your Kentucky pawnshop bonds in minutes. Just follow these three steps:
- Select the bond you need.
- Checkout instantly online.
- Receive your bond documentation via email.
Once you receive your bond, file it with your local licensing agency to become officially bonded.
Have Questions?
Call 1 (800) 308-4358 to talk with a Surety Expert today.
