Alabama Professional Fundraiser or Commercial Co-Venturer Bond

An Alabama professional fundraiser or commercial co-venturer bond is required by the State of Alabama as a prerequisite for any professional fundraiser or commercial co-venturer to be able to legally conduct business. The bond protects any person who may have a cause of action against obligor of the bond from any malfeasance or misfeasance in the conduct of the solicitation.

Any professional fundraiser or commercial co-venturer is required to obtain a bond by State of Alabama statutes.

Alabama requires a $10,000 surety bond for those seeking to legally conduct business as a professional fundraiser or commercial co-venturer.

Colonial offers the direct and digital way to obtain an Alabama professional fundraiser or commercial co-venturer bond. We are the insurance company — which means no agent, no broker, and no middleman. We make it easy to obtain your bond instantly. The steps are easy — get a quote online, fill out your information, satisfy underwriting requirements, and enter your payment method. Print your bond instantly from your office. It’s that simple!

An Alabama professional fundraiser or commercial co-venturer bond is reasonably priced and easy to obtain. You may notice that with other insurance agents and middlemen companies, your premium rate will fluctuate and include additional hidden fees and costs. Colonial  offers our lowest possible rate. Premium is based on the amount of the bond required by the applicable court.

It is important to understand how surety bonds  work, and who is the insurance company issuing your bonds. It is easy to obtain Alabama professional fundraiser or commercial co-venturer bonds when you deal direct with a quality insurance company licensed to write surety bonds. Colonial Surety is an A (Excellent) rated insurance company by A.M. Best, that has been incorporated since 1930. We are Treasury listed, and licensed and admitted in all U.S. states and territories.