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Louisiana
Pawnbroker Bond

400,000+ Bonds issued to 250,000+ satisfied customers.

Coverage Amount: $50,000
Term Length: 1 year
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Louisiana Pawnbroker Bond Guide

If you’re applying for a pawnbroker license in Louisiana, you’ll likely need this surety bond. 

Bond Overview

  • Purpose: To provide financial recourse for any customers harmed by a fraudulent pawnbroker
  • Who Needs It: Pawnbrokers seeking a license in Louisiana
  • Regulating Body: The Louisiana Office of Financial Institutions
  • Required Coverage: $50,000
  • Premium Rate: 1–10%

Learn all about the bond requirements and process in this guide.

What Is a Louisiana Pawnbroker Bond?

Louisiana pawnbroker bonds ensure that a pawnbroker complies with government regulations and protects clients and customers from potential fraud or theft. 

For example, if something happens to property that is being held as collateral, the surety bond will compensate the claimant up to the full bond amount.


Note: If you have $50,000 in verifiable net assets, you will be exempt from the surety bond requirement.

How Much Do Pawnbroker Bonds Cost in Louisiana?

$50,000 Louisiana pawnbroker bonds typically cost 1–10%. Exact rates vary based on personal credit score. Apply for your free quote now!

Bond Type
$50,000Pawnbroker Bond

SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees. 

How Do I Get My Bond?

SuretyBonds.com provides the fastest and easiest way to get a Louisiana pawnbroker bond. Just follow these quick steps: 

  1. Apply: Submit an online quote request form
  2. Quote: Receive your quote within one day
  3. Sign: Complete the indemnity agreement 
  4. Buy: Purchase the bond online 24/7

We’ll upload the bond directly to NMLS on your behalf. 

If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance. 

How Does a Louisiana Pawnbroker Bond Work? 

A pawnbroker bond creates a legal contract between three parties: 

  1. Principal: You, the pawnbroker filing the bond
  2. Obligee: The Louisiana Office of Financial Institutions requiring the bond
  3. Surety: The provider issuing the bond

This holds you financially responsible for upholding local ordinances and license regulations. 

If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety. 

How Do I Renew My Bond?

These bonds expire annually. To renew your pawnbroker bond, simply pay your renewal invoice when prompted. 

We’ll begin contacting you by phone and email 90 days before the expiration date. 

More Resources

Call 1 (800) 308-4358 to talk with a Surety Expert

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