What Are Colorado Pawnbroker Bonds?
Colorado pawnbroker bonds are a type of surety bond that ensure pawnshops follow government regulations and operate honestly. They protect government entities and consumers from financial harm if a pawnshop owner is fraudulent or noncompliant with licensing laws.
Who Needs a Pawnbroker Dealer Bond in Colorado?
Colorado has the following surety bond requirements for pawnbrokers:
These bonds are required in Colorado as a part of the pawnbroker licensing process to provide a financial guarantee that you will follow government 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 Colorado?
City of Pueblo pawnbroker bonds cost $100 for $1,000 coverage and last one year. City of Montrose pawnbroker bonds also cost $100 for $2,000 of coverage. Or, you can save 25% per year by extending your bond term to two or three years.
Select your bond below to buy online and receive your official bond in minutes.
How Do I Apply for a Colorado Pawnshop Bond?
With SuretyBonds.com, you can get your Colorado pawnshop bond in minutes:
- 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.
