Frequently Asked Questions (FAQ)
Bond Amount ranges from $100.00 to $100,000.00. Standard Rate is 1.200% per year; with a minimum premium of $100.00.
TENNESSEE-ALCOHOLIC BEVERAGE BOND – ON PREMISES CONSUMPTION (LIQUOR-BY-THE-DRINK) TAX BOND
TENNESSEE-ALCOHOLIC BEVERAGE BOND – ON PREMISES CONSUMPTION (LIQUOR-BY-THE-DRINK) TAX BOND
Underwriting Details
This bond is set at Category 3 – Credit Criteria. System approval will be provided if indemnitor meets the set credit/FICO requirements. A social security number (SSN) is required to quote.
Bond Amount ranges from $100.00 to $100,000.00.
Standard Rate is 1.200% per year; with a minimum premium of $100.00.
Standard / Default term is 1 year.
A multiyear discount is not available.
A signed application is required.
Surety Bond Cost Breakdown — Get Approved and Pay Online in 2 Minutes. We are Surety bond producers and are business professionals who specialize in providing contract surety bonds to contractors.
Everything You Need to Know About the Surety Underwriting Process, we will be more than happy to assist you call or text us now 731-333-3366
Execution Notes
Bond must have an original signed and notarized Attorney in Fact signature.
Filing Method
Executed bond must be filed with the obligee by agent/principal.