View all of the Alabama Surety Bond products that we offer at Single Source Insurance. This includes those for Birmingham, Mobile, Montgomery, Huntsville, and all others. Find Dealer Bonds required by the AL department of Revenue, Mortgage Bonds, Court Bonds and more. Simply fill out an application with our Alabama bonding company online, and you'll receive a quick turnaround!

These bonds do NOT require underwriting and require a simple application. �You can expect to pay $100 per year for this surety bond.
Bond Penalty Amount:�$10,000
Bond Term: 1 year
Why do I need this bond:
This bond is required for all persons wanting to become an Alabama licensed resident auctioneer, apprentice, reciprocal auctioneer, and non-resident auctioneer. �You can find additional licensing information on the�Alabama State Board of Auctioneers website.
What to do after you purchase your bond:
After you receive your�auctioneer surety bond from Single Source Insurance, you will need to sign it and mail it along with the attached power of attorney to:
ASBA
2777 Zelda Rd
Montgomery, AL 36106
Alabama requires a $10,000 surety bond for all licensed auctioneers, including resident, apprentice, reciprocal, and non-resident auctioneers. This bond must be renewed annually and is mandatory for obtaining an auctioneer license in the state.
After purchasing the bond from Single Source Surety, auctioneers must sign it and mail it, along with the attached power of attorney, to the Alabama State Board of Auctioneers in Montgomery. This step is crucial for completing the licensing process.
An auctioneer bond protects consumers and ensures that auctioneers comply with state regulations. It provides financial security for clients in case of any misconduct or breach of contract by the auctioneer.
Having a surety bond also enhances an auctioneer's credibility and professional reputation. It demonstrates commitment to ethical business practices and compliance with state requirements, which can help attract more clients and business opportunities.
