New York Liquor (Penal) Bond over $1,000
We are a leading writer of Liquor (Penal) Bonds in New York.
Bond amounts are set by the NY Liquor Authority.
New York Liquor Bonds are required by the New York State Liquor Authority. The required bond amount is usually $1,000 but some licensees are required to carry bonds larger than that amount (If you only need a $1,000 bond click here). The annual bond premium is usually 1.2% of the bond amount subject to a $100 annual minimum. (eg $10,000 bond - $120 price)
Most applicants with good credit will qualify for rate indicated. In order to receive your specific quote, we must review your qualifications to determine the lowest possible price. If you have already been declined or nonrenewed by another Surety Company, chances are you will not qualify for this preferred rate.
We have various sureties willing to write bonds for applicants with less than perfect credit, including a special program with very competitive prices for those with just a few credit blemishes.
We find the best possible price for your surety bond given your particular qualifications.
Additional information about this corporate surety bond requirement is as follows:
Obligee - New York State Liquor Authority
Bond Amount - Set by the Obligee
Bond Premium - 1.2%
Renewal Document - Renewal Bond required.