Alabama Surety Bonds

• Freight Broker Bond: A $75,000 surety bond is needed to get licensed by the Federal Motor Carrier Safety Administration (FMCSA). This surety bond is the same for all states as it is a federal requirement. 
• Auto Dealer Bond: All auto dealers in Alabama must have this $50,000 bond to get licensed through The Alabama Department of Revenue Motor Vehicle Division. 
• Contractor License Bond: Certain types of specialty contractors need a contractor license bond. Examples are roofers ($10,000 bond) and HVAC specialists ($15,000 bond).

An Alabama surety bond costs a small percentage (1% - 10%) of the total required bond amount. For example, a $10,000 Alabama bond costs as little as $100.

A bond’s cost is commonly referred to as a bond rate or bond premium. The bond rate that an individual qualifies for is directly tied to their personal credit—generally, the better the credit score, the lower the bond rate.

Smaller bonds can be issued with just a soft credit check. However, a surety company may also consider your industry experience, past bonds, and other financials for larger bonds or construction bonds. 

Another factor that affects a bond’s price is the surety company you choose. Larger and more established companies, like JW Surety Bonds, are often able to offer the cheapest rates. 

• Learn more through our in-depth guide about surety bond costs. You can also get an instant estimate using our bond premium calculator.

1. Know the Surety Bond You Need

To figure out which Alabama surety bond you need, you can: 

• Directly contact your obligee or check their website. Your obligee is the entity or organization requiring you to get bonded. For example, the obligee for Alabama HVAC contractor bonds is the Alabama Board of Heating, Air Conditioning & Refrigeration Contractors.
• Talk to our surety specialists at (888) 592-6631 or contact us online. We would be happy to help you determine which bond you need. 
• Use our “Find Your Bond Tool”. It’s free, quick, and easy. Plus, once you find your bond, you can get a free, no-obligation quote in minutes. 

2. Apply For Your Bond

Getting bonded is simple whether you apply over the phone or use our online application. With either application method, you will need the following information on hand:

• Surety Bond Name
• Surety Bond Amount
• Contact Information
• Email

3. Get Your Bond Rate

Your bond rate will be sent directly to your email inbox. This quote is instant for most bonds, but certain types of bonds may take a bit more time. If you are happy with your bond rate, log into our website to purchase.

4. Purchase Your Bond

Fill out the required paperwork and pay your invoice on the website.

After payment is confirmed, you will receive an email copy of your bond. The original bond will be sent to you by mail. You will then need to forward it to your obligee.

Recently, we had a client who was overwhelmed because she put off getting bonded until the last minute. We were able to ease her mind by getting her bonded quickly. Plus, we mailed her original bond directly to her obligee to save her extra time.

• The Alabama Department of Revenue Motor Vehicle Division
• State of Alabama Home Builders Licensure Board
• Alabama Board of Heating, Air Conditioning & Refrigeration Contractors

JW Surety Bonds is fully licensed to underwrite surety bonds in the state of Alabama.

License Number 300462