The bond is required for those who seek a license to operate a private school or solicit student enrollment pursuant to Alabama Code § 16-46-1 through 10 (1975).
An Alabama private school agent bond is required for those who seek a license to operate a private school or solicit student enrollment pursuant to Alabama Code § 16-46-1 through 10 (1975). The bond guarantees that the private school agent will operate in accordance with the applicable government rules and regulations. It protects students from any loss due to breach of contract, fraud, misrepresentation in enrolling a student, and/or administering a course of study, or any other violation of an obligation to Alabama students pursuant to Alabama State statutes.
Private school agents who are seeking to operate a private school or solicit student enrollment in a private school are required by the State of Alabama statutes to obtain this bond.
Alabama requires a $2,500 surety bond for those seeking to become a licensed private school agent in the state.
Colonial offers the direct and digital way to obtain an Alabama private school agent 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 private school agent 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 private school agent bonds when you deal direct with a quality insurance company licensed to write surety bonds. Colonial 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.