The deadline of September 30th is approaching quickly, and renewal season is upon us. American Surety is here to help you stay in compliance with the State of Alabama and provide a same day renewal. Alabama’s annual bond amount is $10,000 with rates as low as less than $100 a year! Ready to get a fast and easy bond? Start by filling out our simple Alabama Fundraising Bond Application or call our underwriters at (404)-486-2355 or (877)-201-8976 today! Apply today, renew today, approval today.
- Obligee: Alabama Attorney General, Department of Consumer Protection
- Bond Amount: $10,000
- Apply today
Unsure what this means? Let American Surety help!
What is a fundraising bond?
A Professional Fundraiser, Solicitor, or Co-Venturer bond guarantees that the business is operating under the state’s regulations while soliciting and fundraising. For instance, State of Alabama’s section 13A-9-71 of the Alabama Code ensures that fundraisers, solicitors, and co-venturers are compliant.
What is my fundraising bond amount?
Bond amounts differ state to state. Florida has a bond amount of $50,000 while Georgia has $10,000. However, it is important to know there is a difference between bond amount and the cost of that bond are different.
| State | Cost | State | Cost |
|---|---|---|---|
| Alabama | As low as $10,000 | Arizona | As low as $25,000 |
| Alaska | As low as $10,000 | Arkansas | As low as $10,000 |
| California | As low as $25,000 | New Mexico | As low as $25,000 |
| Colorado | As low as $15,000 | New York | As low as $10,000 |
| Connecticut | As low as $20,000 | North Carolina | As low as $20,000 |
| Florida | As low as $50,000 | North Dakota | As low as $20,000 |
| Georgia | As low as $10,000 | Ohio | As low as $25,000 |
| Hawaii | As low as $25,000 | Oklahoma | As low as $2,500 |
| Illinois | As low as $10,000 | Pennsylvania | As low as $25,000 |
| Kentucky | As low as $25,000 | Rhode Island | As low as $10,000 |
| Louisiana | As low as $25,000 | South Carolina | As low as $15,000 |
| Maine | As low as $25,000 | Tennessee | As low as $25,000 |
| Maryland | As low as $25,000 | Texas | As low as $10,000 |
| Mass. | As low as $25,000 | Utah | As low as $5,000 |
| Michigan | As low as $10,000 | Virginia | As low as $20,000 |
| Minnesota | As low as $20,000 | Washington | As low as $25,000 |
| Mississippi | As low as $10,000 | West Virginia | As low as $10,000 |
| NH | As low as $10,000 | Wisconsin | As low as $20,000 |
| New Jersey | As low as $20,000 |
How much does a fundraising bond cost?
Bond rates, the amount you pay to purchase the bond, are dependent on your net worth, years in business, and personal credit. Usually people will pay around less than 1% (or higher) of the bond amount. Fill out our simplified Fundraising Bond application by clicking this link or call our Underwriters at (404)-486-2355 or (877)-201-8976!
Have Questions?
American Surety Bonds Agency, LLC
138 Hammond Drive, Suite B
Atlanta, GA 30328
Sam Newberry – Managing Member
P: 404-486-2356 M: 404-550-3565
snewberry@suretybondsagency.com
suretybondsagency.com
