New York Liquor Retailer Bond
AmeriPro Surety Bonds | 844-589-9732
Licensing of NY Liquor Retailers; Surety Bond Purpose
Liquor retailers are regulated by the state’s SLA, State Liquor Authority. One of the conditions of the licensing of liquor retailers is that they obtain a $1000 surety bond.
The purpose of the surety bond requirement is to ensure that any penalties and fees levied against your business will be paid by you, and that all tax obligations will be paid. And, to be sure, the SLA will file against a bond, if need be; they even publish the names of businesses whom they’ve filed against.
In the event that your bond is filed against and a claim is paid the Surety, by SLA rules, you are required to replace that bond within 10 days.
Qualifying and the Premium
You are automatically approved for the $1000 New York liquor retailer bond. There is no underwriting review nor a credit score inquiry, and the premium is $100 annually.
Issuing your bond takes minutes.
When you call us, we’ll just ask the name that should appear on your bond, along with your business contact information.
If you have an application number and if you know the date required for expiration, we’ll need those as well.
After payment of the $100 premium, our agency issues your bond to you.
Upon receipt of your bond by mail, you’ll sign your surety bond as Principal, and file it to:
State of New York
80 s. Swan Street, Suite 900
Albany, NY 12210-8002
Premium Prepayment Options
You NY liquor retailer bond is issued for one year but may be prepaid up to 3 years. Doing so saves you money over annual renewals.
The premium prepayment option and savings are as follows:
- If prepaid for 2 years, the premium is $180, a $20 savings;
- If prepaid for 3 years, the premium is $260, a $40 savings.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, probate, and other surety bonds in New York and all 50 states.
Please call our agency today at:
Or, you may fill out the form below and a Surety Agent will contact you…