Liquor License Bond
A liquor license bond guarantees payment of taxes or fees imposed by state or local law for the sale, manufacture or warehousing of liquor and other alcoholic beverages. This type of surety bond is a financial guarantee that protects the obligee, which is the government entity that requires the bond to guarantee the payment of taxes owed.
As with most bonds payment rates for liquor license bonds are offered as a percentage of the total bond amount, rates will vary depending on what the applicants qualify for based on credit and financial review.
Liquor license bonds may also be referred to as Alcohol Ordinance Tax Bonds, Beverage Tax Bond, Brewer’s Bond, Distilled Spirits License Bond, Liquor License Bond, Malt Beverage License Bond, and Wine Bond.
As a national bond broker with a full line of commercial surety bonds, Allstar Surety makes applying for a liquor license bond easy. We’ll help your insured obtain a liquor license bond from us quickly, and at a competitive price.