(844) 589-9732

Indiana Timber Buyer Bond

May 26, 2020

The Indiana timber buyer bond is issued to you within minutes of calling. There is no credit check and the premium is 1% annually (minimum $100). Please call AmeriPro Surety Bonds today at:       844-589-9732.

Indiana Timber Buyer Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Surety Bond Requirement and Purpose

 

 

 

Indiana timber buyers are licensed and regulated by the state’s Department of Natural Resources.

A prerequisite to licensing is that you obtain and maintain a surety bond in the appropriate amount. Current regulations are that the surety bond required is a minimum $5,000 to a maximum $50,000.

The dollar amount of surety bond that you’re required to purchase is based on your annual purchases.

The Department provides the dollar amount purchased and the corresponding bond amounts required of you.

The Department also provides a number for you to call if you need assistance: 317-232-4112.

Your surety bond serves as a financial guarantee of your compliance with Indiana Code 25-36.5-1-1, as amended, which is the body of legislation for Indiana timber buyers.

 

 

 

Qualifying and the Premium

 

 

 

For any amount required, specifically, $5000 to a $50,000 surety bond amount, our agency approves you automatically for the Indiana timber buyer bond.

What this means for you is that there is neither an underwriter review nor a credit check; you are automatically approved.

Additionally, we’ll take the application from you over the phone.

When you call us, we’ll ask you the following simple questions:

  • The amount of surety bond you require;
  • The name, exactly as it should appear on your bond, along with your contact information to include an email and phone number
  • The county where your business is located.

After payment of the premium, a $100 or 1% annual sum, our agency issues your timber buyer bond immediately.

Upon payment of your bond, we’ll sign your bond as Surety and mail to you for signing as Principal. Included in the mail will be a Power of Attorney form.

You’ll file all completed to:

Indiana Department of Natural Resources

Division of Forestry

402 W. Washington Street

Indianapolis, IN 46204

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, probate and other surety bonds in Indiana and all 50 states.

Please call our agency today at:

 

844-589-9732

 

Or, you may fill out the form below and a Surety Agent will contact you...

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As of 2025, our minimum amount for any surety bonds is a $50,000 requirement.