FOR ALL YOUR SURETY BOND NEEDS.
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!
Alabama Department of Revenue requires a surety bond in the amount of $25,000 for any business, person, or firm that engages that holds 10 or more inoperable vehicles fro more than 30 days. �This does not include licensed repair facilities holding vehicles waiting for repairs. �Nor does it include junkyards holding vehicles for the purpose of scrap metal.
The license period for a dismantler or parts recycler dealer runs from October 1st till September 30th each year. �The surety bond must also be valid for the same time.
Applying for an Alabama dismantler bond is very simple. �Click on “apply” for an easy online application. �Most quotes are issued within 24 business hours. �Once payment has been made, your bond will be processed within 24 business hours as well.
Once you receive your original surety bond from Single Source Insurance, LLC, you will need to sign the bond and forward it along with stapled power of attorney to:
Business & License Tax Division, Severance & License Tax Section,
P.O. Box 327550
Montgomery, AL 36132-7550
Single Source Insurance, LLC also issues a variety of other surety and fidelity bonds including used car dealer bonds and notary bonds.
