LIQUOR TAX BONDS

Liquor Tax Bond requirements for bars and restaurants Liquor bonds are required in New York state for all establishments selling alcoholic drinks to have a current Liquor Tax Bond in place in order to secure and maintain a valid liquor license. Contact RSI-Insurance today for a quote. Need a bond in New Jersey or

Connecticut? We've got you covered.

Frequently Asked Questions

What is a liquor tax bond?
A Liquor Bond is a bond required by the local government to participate in the sale, manufacturing, or warehousing of liquor and liquor products. They are usually rated on the financial strength of the entity applying for it. The liquor bond protects the government in the event that the company,business, or individual is maintaining fraudulent records or is not able to pay on previously collected liquor tax funds.

Who is required to have a liquor Bond?
State governments usually require this bond, which is considered a financial guarantee. In the event you can not pay the Liquor Tax that is due, the bonding company will make good on the debt and then turn to you for remuneration of these funds.

Is it hard to get a bond?
Usually the surety bond industry is cautious in writing financial guaranty bonds, liquor tax bonds seem to be an exception for qualified applicants. first is taxes are typically held aside at the time of sale therefore reducing risk by assuring that the money is there and has already been collected. Since this a requirement by the state it also helps in elevating the risk in the eyes of the bonding company. We can offer you a Free Liquor Bond Quote Immediately Approvals for Liquor Tax Bonds typically 24 to 48 hours. More information give us a call at (914) 332 - 1700

FAQ:
Q) What can RSI do for me that my local agent can't?
A) As specialists we can tailor a policy for your specific needs and budget. As a high volume broker in this class we can negotiate reduced prices from the carriers.

We will be happy to provide you with a quote. Give us a call at 914-332-1700; email us at ira@rsi-insurance.com: or complete the online application by clicking the quote button. The quote is free and carries no obligation of any type.