The Alabama Auctioneer Surety Bond is required by the State Board of Auctioneers. The bond is in place to help protect against any misconduct. They protect the buyer’s bids and purchases. Auctioneer surety bonds also protect against any sort of misrepresentation of items auctioned and any substitution of goods. The bond guarantees the recovery of fines, expenses and/or fees levied by state regulators for non-compliance of the auctioneer.
The Alabama State Board of Auctioneers requires that the Auctioneer surety bond is in the amount of $10,000. These bonds are fairly easy to obtain and start as low as $100 for the year.
This bond is fairly easy to obtain, all we need is a filled out application and we can get you a free quote right away.