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ARC Surety Bond

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ARC Surety Bond

What is an Airlines Reporting Corporation or ARC Surety Bond?

An Airlines Reporting Corporation or ARC Surety Bond seeks to regulate the sale of airline tickets by sellers of travel.  The Airlines Reporting Corporation or ARC Surety Bond ensures that sellers of travel pay the respective airline from which tickets are purchased.  As opposed to running to a municipality like many other surety bonds, the Airlines Reporting Corporation or ARC Surety Bond runs to a private company called the Airlines Reporting Corporation.

What is the current market for a Airlines Reporting Corporation or ARC Surety Bond?

Airlines Reporting Corporation or ARC Surety Bonds are considered somewhat high-risk by most surety bond markets.  The amounts for the Airlines Reporting Corporation or ARC Surety Bond are a minimum of $20,000 if a new agency or $10,000 if after two years and a maximum of $70,000.  The amount of bond needed varies and is dependent on the volume of purchases covered by the bond.  Terms of approval and premium are largely determined by the financial condition of the seller of travel's corporate and/or personal net worth, experience, and the needed bond amount.

How do I apply for an Airlines Reporting Corporation or ARC Surety Bond?

  1. Start by filling out our Airlines Reporting Corporation or ARC Surety Bond Application by clicking here;
  2. Attach a copy of the most recent corporate financials; and
  3. Email or fax the information to submissions@dblsurety.com or 888.204.8716.

Please note that additional underwriting information may be needed depending on bond request, information submitted, and to obtain the lowest possible rate. 

By Bart Leek.

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