Alabama Repossessor | $50,000 Repossessor Surety Bond

Also known as: repossessor bond

Type of Bond

A repossessor bond, also known as a vehicle repossession bond, is a type of surety bond that is required for businesses engaged in repossessing vehicles. It provides financial protection to the vehicle owner and helps to ensure that the repossessor will comply with all laws and regulations governing the repossession process. If the repossessor fails to follow proper procedures or damages the vehicle during the repossession, the bond will cover any resulting financial losses. Repossessor bonds are often required by state laws and regulations as a means of protecting consumers and promoting ethical behavior within the repossession industry.


The price you'll pay for your $50,000 Repossessor 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 $50,000 Repossessor 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 $50,000 Repossessor 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 Repossessor Bond Application process.

The Alabama Repossessor Bond amount is currently set at  $50,000.

Obligee Information

An obligee is the entity that is requiring you to have the Repossessor bond.

Obligee: State Of Alabama