An Alabama broker bond is a type of surety bond required by the Alabama Real Estate Commission for individuals or businesses seeking to become licensed real estate brokers in the state. The bond serves as a guarantee that the broker will comply with all state laws and regulations related to real estate transactions, including the honest handling of client funds and the proper disclosure of information. In the event that the broker engages in unethical or illegal behavior, the bond provides financial protection for clients and the state.
The price you'll pay for your $10,000 Broker 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 $10,000 Broker 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.
The application process for a $10,000 Broker 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 Broker Bond Application process.
The Alabama Broker Bond amount is currently set at $10,000.
An obligee is the entity that is requiring you to have the Broker bond.
Here are a few state specific bonds.