How much does a New York airline reporting bond cost?
If your business has an agent reporting agreement with the Airlines Reporting Corporation (ARC) addressing how your business reports and settles ARC Traffic Documents, you are required to post a surety bond.
Bond amounts are determined by the Airlines Reporting Corporation. To receive the amount you are mandated to post, contact the Airlines Reporting Corporation.
Be sure to have your given bond amount prior to speaking with a surety specialist. Providing this information can speed up your bonding process and could lower the cost of your bond.
These bonds are subject to underwriting, meaning that the financial credentials of your credit report determines your bond’s premium. Not-so-stellar credit? Ask about our bad credit bonding program! This program allows you to get bonded at the lowest rate available to your specific needs. For more information submit a bond request to get in touch with a bonding professional today.
|Bond Type||Bond Amount||Cost by Credit Score*|
|680 and up||679 - 600||599 or lower|
|Airline Reporting Bond||Varies||1-3%||4-8%||10-20%||Apply Now|
Send a bond request and get your free quote within one business day.
Why do I need this bond?
By posting a bond, the principal guarantees to comply with the provisions of the Agent Reporting Agreement and to pay all amounts owed to the Airlines Reporting Corporation.
Get all your bond questions answered by contacting a surety expert today! Fill out a bond request and an expert will contact you within one business day.
What’s the fine print?
All bonds will remain in full effect unless canceled by the surety. If the surety chooses to cancel this bond, a written cancellation notice must be submitted to the Airline Reporting Corporation 30 days prior to the given cancellation date.
How to become an airline reporting company in New York
To be placed on the ARC Agency List, you must submit an application to the Airline Reporting Corporation. To know what all is needed for application approval, view the application requirements.
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