An Alcohol & Tobacco Surety Bond is one way the alcohold and tobacco industries are regulated. The Alcohol & Tobacco Surety Bond ensures that persons or entities engaging the manufacturing, distribution, or bonded warehouse storage of alcoholic beverages, distributing agents or wholesale distributors of cigarettes and all wholesale dealers of tobacco products. No license or permit may be issued for these persons or entities without a properly executed surety bond for the payment of excise taxes. This requirement varies by state may or may not apply to your business depending upon where it is located.
What is the current market for an Alcohol & Tobacco Surety Bond?
Alcohol & Tobacco Surety Bonds are widely written by multiple surety bond markets. The respective minimum and maximum bond amounts vary for the Alcohol & Tobacco Surety Bond and depend on the nature of the business' operation(s). Terms of approval and premium are largely determined by the financial condition of the business' corporate and/or personal net worth, experience, and the needed bond amount.
How do I apply for an Alcohol & Tobacco Surety Bond?