Also known as: power company bond, utility bond

Type of Bond

Alabama Power Company Bond refers to a debt instrument issued by Alabama Power Company to raise funds for its operations or capital projects. Alabama Power Company is a subsidiary of Southern Company and is the largest electric utility in Alabama. The bonds typically have a fixed interest rate, and the principal amount is repaid at the end of the bond's maturity. The bonds are generally considered to be a relatively safe investment since the Alabama Power Company is a regulated utility with a stable customer base. The interest income from the bond is typically exempt from state and local income taxes, which makes them attractive to investors seeking tax-free income. Overall, an Alabama Power Company bond is a type of investment that provides investors with a steady income stream while supporting the utility's operations and growth.

Program

The price you'll pay for your $0 Power Company Utility 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 $0 Power Company Utility 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 $0 Power Company Utility 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 Power Company Utility Bond Application process.

Obligee Information

An obligee is the entity that is requiring you to have the Power Company Utility bond.

For your convenience you can view a sample copy of the Alabama Power Company Utility Bond Form.

Obligee: Alabama Power Company
Obligee address:
Street: 600 North 18th St
State: Alabama
Zip: 35291

Here are a few state specific bonds.