The Alabama Warehouseman’s Surety Bond is required by the Commissioner of Agriculture and Industries for the State of Alabama. The bond has a common renewal date of July 31, each year.
What is The Alabama Warehouseman’s Surety Bond For?
The bond is in force to help protect the storage of personal property by a public warehouseman. The state wants to make sure that you as the warehouseman will conduct your business correctly and follow all the rules and regulations given by the state. The bond helps protect the depositor’s personal property.
If the principal, which is you, is found to be in violation of the agreement, the surety company will pay the obligee, which you will then pay back to the surety company in full.
Who Needs this Bond?
This bond is required for anyone applying for the Alabama Public Warehousman’s Permit.
This includes those who are applying under:
- Cotton Warehouse
- Grain Warehouse
- Public Warehouseman’s Permit
You can find the application forms at the Alabama Department of Agriculture and Industries Website. You will need to submit a completed application form, a Certificate of Insurance and a surety bond. Please note that you need to make sure that your application is signed and notarized and that your surety bond will be issued by a surety company who is licensed to conduct business in Alabama.
How can I get an Alabama Warehouseman’s Surety Bond?
At Surety1, we can make things easy for you. Simply complete our easy to navigate online application and within 1 business day an agent will be in touch with you with a firm quote. Then you choose your shipping option, sign some important paper work and receive your surety bond!
Surety1 has been issuing surety bonds for the State of Alabama since 2003, and we are rated A+ by the Better Business Bureau for our outstanding service.