A corporate surety bond is a type of insurance policy that guarantees the performance or fulfillment of a contractual obligation by a company. In Alabama, a corporate surety bond is often required by state or local government agencies as a condition of obtaining a license or permit to operate a business. The bond serves as a guarantee that the company will comply with all relevant laws and regulations, and will provide compensation to anyone who suffers a loss due to the company's failure to fulfill its obligations. The bond is typically issued by a surety company, which is a type of insurance company that specializes in providing these types of guarantees.
The price you'll pay for your $25,000 Corporate Surety 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 Corporate Surety 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 $25,000 Corporate Surety 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 Corporate Surety Bond Application process.
The Alabama Corporate Surety Bond amount is currently set at $25,000.
An obligee is the entity that is requiring you to have the Corporate Surety bond.
Obligee: State Of Alabama