Alabama Designated Agent | $25,000 Designated Agent Surety Bond
Also known as: designated agent bond
Type of Bond
A designated agent bond is a type of surety bond that is required by some states in the United States for individuals or businesses that act as designated agents for certain government agencies, such as the Department of Motor Vehicles (DMV). The bond serves as a guarantee that the agent will comply with all relevant laws and regulations, and will properly handle and account for any money or property entrusted to them in their role as a designated agent. If the agent fails to fulfill their obligations, the bond provides compensation to anyone who suffers a loss as a result. The bond is typically issued by a surety company and the bond amount varies depending on the state and the type of agency for which the agent is designated.
Program
The price you'll pay for your $25,000 Designated Agent Bond is generally based on your personal credit score. Start a free online quote by just completing a simple app or by calling 888-518-8011. Our experts will walk you through a very simple process. Compare our quote as the very lowest price, and then you're good to go! It's that simple!
We provide all types of $25,000 Designated Agent Bonds. Worldwide Insurance Specialists, Inc. has "in house" underwriting authority with the largest and best Surety (Insurance) companies in the world including, Great American, Liberty Mutual, Philadelphia, Travelers, and CNA Surety. All of these surety bond companies are A-rated under the AM Best credit rating system, and T-listed with the U.S. Department of Treasury. This guarantees that by getting bonded through us, you will be provided the backing of these highly trustworthy and reliable companies.
Application
The application process for a $25,000 Designated Agent Bonds is easy! Many Bonds are INSTANT ISSUE! Easy Application, no underwriting, no credit check, no GIA required. Our NEW Desktop underwriting program provides you with a rapid approval process used to determine the degree of risk that you (the Principle) complete a project or obligation. Non-INSTANT ISSUE quotes can also get instantly approved. Submissions require very little information from you. Once you file and sign an indemnity agreement, we issue the Bond. It's that simple! We quote and issue Surety Bonds of every type and will help you through the entire process. These applications only require basic information about your business, bond type, and ownership structure. Once the application is complete, we submit to the insurance company (Surety) who will then issue your bond. Don't pay too much! Get your Bond Fast, and Easy with the best price! Click here to start the Designated Agent Bond Application process.
The Alabama Designated Agent Bond amount is currently set at $25,000.
Obligee Information
An obligee is the entity that is requiring you to have the Designated Agent bond.
For your convenience you can view a sample copy of the Alabama Designated Agent Bond Form.
Obligee: State Of Alabama
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!