Alaska Surety Bond Types

As of November 2008, the state of Alaska now has legislation requiring regulation of the state’s mortgage broker and lender industries. Called the Alaska Mortgage Regulation Act, this piece of legislation will ensure that mortgage brokers and lenders are, as of July 1, are fully licensed and bonded in order to be permitted to stay in business.

The mortgage industry is just the latest in a long list of types of businesses who are regulated by surety bonds in Alaska. Surety bonds are taken out for most construction jobs and perform a variety of functions, from making sure that subcontractors are paid in a timely manner to ensuring that the homeowner and the contractor have the same idea about the work and it is completed to both parties’ specifications. Surety bonds are also used by janitorial companies to protect their customers from possible theft or damage by their employees, and travel agents are also bonded since they handle large quantities of money on behalf of airline and hotel companies.

Alaska Surety Bond Requirements

The purpose of a surety bond is to protect consumers (and, often, the state or local government) from fraudulent, unethical, or inappropriate business practices. These bonds are often required by the government, as in the case of mortgage bonds, and must be purchased and kept current in order to do business in Alaska.

Surety bonds tend to vary in cost and amount based on the industry needing the bond, the company supplying the bond, and also on the financial strength of the company who is required to become bonded.

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Bond Type Obligee Cost Apply Get Quote
Alcohol Beverage Surety Bond Department of Revenue -Tax Division
550 W. 7th Ave., Suite 500
Anchorage, AL 99501
$25,000 Apply Now Get Quote
Alcohol Beverage Warehouse Bond Department of Revenue -Tax Division
550 W. 7th Ave., Suite 500
Anchorage, AL 99501
$25,000 Apply Now Get Quote
Certificate of Title Bond Alaska Department of Administration
P.O. Box 110200
Juneau , AK 99811
Apply Now Get Quote
Cigarette & Tobacco Products Distributor Tax Bond Department of Revenue - Tax Division
P.O. Box 110420
Juneau, AL 99811
$5,000 Apply Now Get Quote
Collection Agency Surety Bond Division of Corporations, Business, and Professional Licensing
P.O. Box 110806
Juneau, AL 99811
$5,000 Apply Now Get Quote
Construction Contractor Surety Bond Division of Corporations, Business & Professional Licensing - Contractor Licensing Section
P.O. Box 110806
Juneau, AL 99801
varies Apply Now Get Quote
Driveway Permit Department of Transportation & Public Facilities
P.O. Box 112500
Juneau, AK 99811
Apply Now Get Quote
Fisheries Business Tax Bond Department of Revenue
P.O. Box 110420
Juneau, AL 99811
varies Apply Now Get Quote
Games of Chance and Skill Operator Bond Department of Revenue -Tax Division, Gaming Group
P.O Box 110420
Juneau, AL 99811
varies Apply Now Get Quote
Lost Instrument Bond Division of Finance
P.O. Box 110204
Juneau , AK 99811
Apply Now Get Quote
Mortgage Broker Bond Department of Commerce, Community & Economic Development - Division of Banking and Securities
550 W. 7th Ave., Suite 1940
Anchorage, AL 99501
$25,000 Apply Now Get Quote
Motor Fuel Excise Tax Qualified Dealer Bond Department of Revenue - Tax Division
550 W. 7th Ave., Suite 500
Anchorage, AL 99811
varies Apply Now Get Quote
Motor Vehicle Dealers Bond Commissioner of Revenue for the State of Alaska
1300 W. Benson Blvd, Suite 300
Anchorage, AL 99503
$25,000 Apply Now Get Quote
Notary Bond Alaska State Capitol Building
3rd. Floor State Capitol Building
Juneau , AK 99801
Apply Now Get Quote
Notary Bond With Errors and Omissions Lieutenant Governor of Alaska
3rd. Floor State Capitol Building
Juneau , AK 99801
Apply Now Get Quote
Paid Solicitor for Charitable Organizations Department of Law
1031 W. 4th Avenue, Suite 200
Anchorage, AL 99501
$10,000 Apply Now Get Quote
Suppler of Durable Medical Equipment, Prostheticsm Orthotics and Supplies Medicare Program Bond Division of Health Care Services
4501 Business Park Blvd.
Achorage, AL 99503
$50,000 Apply Now Get Quote
Vehicle Title Surety Bond 3 Year Non-Cancelable Division of Motor Vehicles
1300 W. Benson Blvd., Suite 300
Anchorage, AK 99503
varies Apply Now Get Quote
Viatical Settlement Provider Bond Form Department of Community and Economic Development
P.O. Box 110805, 333 Willoughby Ave., 9th Floor
Juneau, AL 99811
$200,000 Apply Now Get Quote