Alabama Insurance Premium Finance Companies are required under Title 27, Chapter 40 of the Code of Alabama, 1975 to file an Alabama Insurance Premium Finance Company Bond as a condition of licensure.
Bonds Express offers an Alabama Premium Finance Company Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Alabama Premium Finance Company Bond holds you accountable for your business decisions.
By possessing an Alabama Premium Finance Company Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.