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Platinum Bonds Insurance Agency

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Corporate surety bond

Wholesale licensees who wish to be designated as 'bonded wholesale licensees' to pay excise taxes on a monthly basis. Required when: Required for wholesale licensees to obtain the privilege of ordering malt liquor and wine and paying the excise tax monthly rather than at the time of order. Exemptions: Wholesale licens…

Bond amount"The bond must be equal to the highest monthly excise tax paid by the wholesale…
State or jurisdictionMaine
ObligeeMaine Bureau of Alcoholic Beverages and Lottery Operations

Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.

Amounts can vary

Selected requirement: "The bond must be equal to the highest monthly excise tax paid by the wholesale…. Other available requirements: "The bond must be equal to the highest monthly excise tax paid by the wholesale licensee during the period of the prior year license, plus 10% of the highest month. For new licensees, the amount is determined by the bureau.". Exact options still depend on the obligee, state, and underwriting.

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2323 yearsHelping clients and agents
Overview

What it is.

Wholesale licensees who wish to be designated as 'bonded wholesale licensees' to pay excise taxes on a monthly basis. Required when: Required for wholesale licensees to obtain the privilege of ordering malt liquor and wine and paying the excise tax monthly rather than at the time of order. Exemptions: Wholesale licens…

Who usually needs it

Wholesale licensees who wish to be designated as 'bonded wholesale licensees' to pay excise taxes on a monthly basis.

Pricing & timing

What to expect.

Generic pricing

Miscellaneous commercial bonds cover a wide range of business obligations not fitting other categories. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Pricing varies by specific bond type and requirements. Some miscellaneous bonds may price higher depending on risk factors. Contact us for a specific quote.

Your quote determines the actual premium.

Typical timeframe

Credit-based approval — varies by bond type

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

Platinum Bonds

Experience behind every bond.

Helpful guidance, a real agency team, and a clear path from research to application.

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23 years

Offering service to clients and agents alike.

Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.

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