Pawnbrokers operating in the District of Columbia are regulated by the DCRA, Department of Consumer and Regulatory Affairs.
A condition of licensing is that you obtain a $5000 surety bond. The bond should be issued to match the term of your licensing, which is a period of 2 years.
You are automatically approved for the 2-year $5000 Washington D.C. pawnbroker bond. There is no credit check inquiry nor a review by an underwriter.
The premium is just $88 for your two year term.
When you call us, we’ll ask you the name, exactly as it should appear on your surety bond, along with your business address, phone number, and email.
After payment of the $88 premium, we’ll issue your surety bond and a Power of Attorney (POA) form to you for filing. It is the original documents that you’ll need to sign and file.
Upon receipt, after signing your bond as Principal, you’ll file it and the POA form to:
Department of Consumer and Regulatory Affairs
1100 4th Street
Southwest 2nd Floor
Washington DC 20024
As a Washington D.C. pawnbroker, you are regulated under the Consumer Goods Repair Regulation, No 74-3 of the District of Columbia.
Your D.C. pawnbroker surety bond serves as a financial guarantee of your compliance with all regulations and rules which concern your profession, as amended.
The bond serves as financial protection for consumers who can demonstrate harm as a result of fraud or malfeasance on the part of a licensed DC pawnbroker.
AmeriPro Surety Bonds is a surety bonds-only agency. We offer pawnbroker surety bonds wherever required nationwide.
Our agency is also a provider of license and permit, probate, court, and fiduciary surety bonds in all 50 states.
Please call us today at:
Or, you may fill out the form below and a Surety Agent will contact you...