Alabama Indemnity Bond for Detective Agencies, Private Investigators, and Security Guards

Alabama Indemnity Bond for Detective Agencies, Private Investigators, and Security Guards

In the State of Alabama, detective agencies, private investigators, and security guards are required by the Code of Alabama to obtain licenses from either the Alabama Private Investigation Board (ASIB) or Alabama Security Regulatory Board (ASRB). The bond indemnifies financially damaged parties and serves as a tool for city governments to support the ASIB and ASRB in their mission of holding businesses and individuals to a high standard of conduct and lawful behavior.

APPLY FOR BOND

Jet Insurance Company offers the Indemnity Bond for detective agencies, private investigators, and security guards in the Alabama cities shown in the table below. Don't see the bond you need? Give us a call at 855-296-2663.

Alabama City and Bond RequiredBond Limit Required# of Days Notice to Cancel
City of Bessemer - Private Investigator or Detective$50,00030
City of Birmingham - Detective Agency$10,00030
City of Dothan - Detective, Private Investigator or Agency$2,00030
City of Montgomery - Private Investigator or Detective Agency$25,00010
City of Selma - Private Investigator or Detective Agency$10,00010
City of Tuscaloosa - Private Detective and Security Guard$4,00030
City of Tuscaloosa - Security Guard$2,00030
City of Wetumpka - Private Investigator or Detective Agency$5,00010
Alabama Requirements for Private Investigators, Detectives, and Security Guards

How Much Does the Indemnity Bond Cost for Detective Agencies, Private Investigators, and Security Guards?

With Jet, the price for the bond is as low as $10 per month or $100 per year. For businesses and individuals who want to space out their payments, Jet also offers the Indemnity Bond in two-year and three-year payment options with the lowest costs being $175 and $250, respectively. The chart below reflects the lowest pricing options for various terms.

Bond TermCost
Monthly$10
1 Year$100
2 Years$175
3 Years$250
Alabama Indemnity Bond Pricing

Jet Insurance Company offers the unique monthly payment option for the Indemnity Bond, allowing you to pay a low rate on an automatic recurring basis from an account of your choice. The bond stays active as long as your payments continue; no extra paperwork or billing hassles!

The Alabama Indemnity Bond Process With Jet

With Jet, applying for your bond is easy! The application takes just a few minutes, and can be done completely online. Once you are through our streamlined application process, you have the option to purchase, and once you have provided your payment, you will receive a receipt and a copy of the bond for your records.

Jet can file the bond with the appropriate city government for you! Once purchased, we will immediately send the original, signed and sealed bond to the appropriate city office for your bond. If you prefer to file the bond with the city yourself, you will have that option at checkout. Please note that the bond paperwork will need to be shipped to the addresses in the table below:

Bessemer
City of Bessemer
1801 3rd Ave N
Bessemer, AL 35020

Birmingham
City of Birmingham
710 20th Street N
Birmingham, AL 35203

Dothan
City of Dothan
PO Box 2128
Dothan, AL 36302

Montgomery
City of Montgomery
103 N Perry St
Montgomery, AL 36104

Selma
City of Selma
PO Box 450
Selma, AL 36702

Tuscaloosa
City of Tuscaloosa
2201 University Blvd
Tuscaloosa, AL 35401

Wetumpka
City of Wetumpka
212 S Main St
Wetumpka, AL 36092

Even cancelling your bond is easier with Jet! Just provide Jet written notice that you wish to cancel your bond (email us at [email protected]), and we will communicate that intent to the city with which you hold your bond. Required cancellation periods do apply, and vary by city, generally from 10 to 30 days. See the table above for the number of days required to cancel your bond.

If you have selected Jet’s monthly payment option, your payments will cease once the liability is released. You will still need to pay for the cancellation period, as the bond technically remains active during this time. If you have selected Jet’s 1-year, 2-year, or 3-year payment options, your bond will still cancel once liability is released, and any available premium will be returned to you.

Renewing the Indemnity Bond for detective agencies, private investigators, and security guards will be required based on the particular bond terms for the city in which you operate, but is generally required on an annual basis. This anniversary date will be based on the date when you first filed your bond and not the anniversary date of your state-issued license with either the ASIB or ASRB.

How Does a Detective Agency, Private Investigator, or Security Guard Avoid Bond Claims?

First and foremost, detective agencies, private investigators, and security guards should comply with the Code of Alabama Sections 34-25B-3 and 34-27C-4 and the professional standards outlined by the Alabama Private Investigation Board or Alabama Security Regulatory Board. Claims originate from cases where the subject licensee breaks the law in the course of their duties and it results in damages to a member of the public.

Consider an example where a private investigator plants evidence to help law enforcement produce a conviction against a suspect. If the unlawful behavior is discovered, the wronged member of the public would have a rightful claim to financial damages inflicted by the private investigator. Following a wrongful conviction verdict in a court of law, there is likely to be a civil suit against the private investigator and a claim against the bond. Fines and criminal indictments may also apply, depending on the severity of the unlawful behavior.

If you receive a claim against your bond, notify Jet immediately. The Jet team will defend you to the maximum extent possible, but will need your full cooperation and honest communication to mount a successful defense.

If the claim is determined to be valid, Jet Insurance Company is obligated by the bond agreement and the Code of Alabama to pay the claim amount up to the full bond limit. If this occurs, Jet is acting as a financial guarantor on your behalf. You remain responsible for the actions that resulted in the bond claim and must reimburse Jet for the amount paid. Failure to do so would jeopardize your ability to secure a surety bond in the future, and hence impede your ability to perform business in Alabama.

Are There Other Bonds That a Detective Agency, Private Investigator, or Security Guard Needs?

While there is no license bond required by the State of Alabama, detective agencies, private investigators, and security guards should be thoroughly familiar with the bonding requirements in any jurisdiction in which they intend to operate their business.

Alabama Indemnity Bond Form for Detective Agencies, Private Investigators, and Security Guards

Notary Bond Application:

X

Business Information:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Employee Dishonesty Bond Application:

Business Information:

Business Description:

Coverage Requirements:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Contract Bond Application:

X

Business Information:

Owner Information:

Job Details:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Worker's Compensation Application:

X

Business Information:

Business Description:

Coverage Requirements

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information: