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Washington Agricultural Product Dealer Bond

How much does an agricultural product dealer bond cost in Washington?

The Washington State Department of Agriculture requires agricultural product dealers to post surety bonds to legally work within the state. The minimum bond amount for dealers in hay, straw or seed is $15,000, and the minimum bond amount for dealers in produce and other agricultural products and limited dealers is $10,000. The required amount of bond coverage is based on two factors: the type of agricultural products the applicant handles and the volume of annual business he or she conducts. A complete list of required bond amounts can be found on page 2 of the surety bond form, which can be accessed from the Important Links section of this page. Applicants should verify their required bond amount with the state prior to bonding.

Agricultural product dealer bonds in Washington are subject to underwriting consideration, so the price you’ll pay depends not only on your required bond amount but also on a review of your personal credit report. Because the required amount and price of the bond can vary so much, we recommend submitting a bond request to connect with our team of experts who will walk you through each step of the bonding process.

Bond Type Bond Amount Cost by Credit Score*
680 and up 679 - 600 599 or lower
Agricultural Product Dealer Bond Dealers in hay, straw or seed Starts at $15,000 Starts at 1% 5-10% 10%+ Apply Now
Agricultural Product Dealer Bond Dealers in produce and other agricultural products Starts at $10,000 Starts at 1% 5-10% 10%+ Apply Now
Agricultural Product Dealer Bond Limited dealers Starts at $10,000 Starts at 1% 5-10% 10%+ Apply Now
*The bond premium rate quotes provided to you through this website are for pricing comparisons and quotation estimate purposes only. The bond rate quotes provided are based on general assumptions that may or may not be applicable to you and are subject to change at any time. These rate quotes do not constitute an offer of insurance, nor is any contract, agreement, or bond coverage implied, formed or bound by the provision of rate quotes. Bondability, final bond premium rate quotes and an offer of insurance, if any, will be determined by the insurance company providing your bond. You must contact us directly to obtain a quote for binding purposes.

Ready to get bonded? Call 1 (800) 308-4358 or submit a bond request now! We can typically provide your free bond quote within 1 business day of submitting your application.

Why do I need this bond?

Washington agricultural product dealer surety bonds are put in place to ensure that the principal (agricultural product dealer) complies with all provisions of Chapter 20.01 of the Revised Code of Washington, including never imposing false charges for handling or services in connection with agricultural products, making fictitious sales or intentionally making false statements regarding the grade or quality of goods shipped or packed.

If the dealer fails to uphold the law and the terms of the surety bond contract, the bond protects harmed parties from financial loss up to the full penal sum of the bond.

Our surety experts make getting the bond you need fast and easy. Get started now!

What’s the fine print?

Agricultural product dealer bonds in Washington remain in full force and effect until canceled. To cancel the bond, the surety must provide written notice of termination to the principal and the Washington State Department of Agriculture via certified mail. Cancellation becomes effective 30 days after the department receives the notice.

These bonds are very similar to commission merchant surety bonds, so applicants should be sure they’re purchasing the correct surety bond type for their licensing needs.

How to become an agricultural product dealer in Washington

To become a licensed agricultural product dealer in Washington, applicants must:

  • indicate the type of agricultural product they wish to handle on the application form
  • provide applicant and business location information
  • provide information for all agents to be licensed
  • pay all required licensing fees
  • indicate type of business entity
  • and more

If multiple licenses are being applied for, multiple bonds must be purchased.

Take the first step toward becoming licensed in Washington by purchasing the surety bond you need!

Ready to get started?

Get a FREE Agricultural Product Dealer Bond Quote Today!

Washington State Department of Agriculture Agricultural Investigations Program Dealer Bond form

Washington State Department of Agriculture Agricultural Investigations Program Application for License

Washington State Department of Agriculture Investigations Program

Chapter 20.01 RCW Agricultural Products - Commission Merchants, Dealers, Brokers, Buyers, Agents

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