How much does an athlete agent bond cost in Alabama?
Most athlete agents belong to players’ associations in which they must adhere to strict guidelines in order to retain membership. However, the Alabama Athlete Agents Regulatory Commission requires those agents who do not belong to players’ associations to post a $25,000 surety bond.
These bonds are subject to underwriting, so the price you’ll pay for your bond depends on a review of your personal credit report. Strong-credit applicants could qualify to pay as low as 1% of the bond amount! Don’t let bad credit stop you from getting the bond you need. Our experts have a history of getting 99% of applicants approved quickly and easily. Request your free bond quote now!
|Bond Type||Bond Amount||Cost by Credit Score*|
|680 and up||679 - 600||599 or lower|
|Athlete Agent Bond||$25,000||Starts at $250||$1,000-$2,000||$2,500+||Apply Now|
If you’re ready to become bonded quickly, easily and accurately, call SuretyBonds.com at 1 (800) 308-4358, or click here to fill out an online bond request form now. We can typically provide your free, no-obligation bond quote within 1 business day of submitting your application.
Why do I need this bond?
By purchasing the bond, the athlete agent makes a pledge to conduct business lawfully and serve his or her clients’ best interests. If an agent fails to do so, the Regulatory Commission may make a claim against the bond. If the claim is proven, the surety will cover the Commission’s resulting financial losses up to the full amount of the bond. The athlete agent, in turn, must reimburse the underwriting company for the coverage.
At SuretyBonds.com, we do everything quickly, easily and accurately, and your bonding experience will be no different. Our surety experts will walk you through each step of the bonding process so that you can focus on what matters most: serving your clients. Pay as low as $250 for your Alabama surety bond when you work with the experts at SuretyBonds.com!
What’s the fine print?
This bond will run continuously and in full force and effect unless terminated or canceled. The Alabama Athlete Agents Regulatory Commission reserves the right to terminate the bond at any time by giving written notice of such termination to the surety.
How to become an athlete agent in Alabama
Certificates of registration remain valid for 12 months after the date of issuance. All prospective applicants should submit a written application on a form previously prescribed by the Secretary of State. The following pieces of information are required to be submitted on the application:
- applicant’s name
- business or occupation engaged in by the application for the 5 years prior to the date of application
- description of the applicant’s formal training
- names and addresses of 5 professional references, if applicable
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