Alaska collection agency bonds.
$100 flat.
Alaska requires a licensed collection agency to file a $5,000 surety bond under AS 08.24.150 with the Division of Corporations, Business and Professional Licensing as a condition of holding the license. Ours is $100 flat.
Trusted by industry leaders
How much does an Alaska collection agency bond cost?
$100 at the $5,000 amount, the same for every applicant.
Three steps. One sitting.
Collection agency license bonds are among the simplest filings in surety. Here's the entire process:
Apply online
Business details, an effective date, and a term. That is the application. No credit check.
Pay & e-sign
This bond is checkout-priced at $100 flat, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.
File with Professional Licensing
Your executed bond arrives by email, ready to file with your collection agency license at the Division of Corporations, Business and Professional Licensing. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Alaska licenses collection agencies through the Division of Corporations, Business and Professional Licensing (Department of Commerce, Community, and Economic Development) under AS 08.24. The chapter requires a $5,000 bond under AS 08.24.150, executed by the applicant as principal and by a surety authorized to write fidelity and surety insurance in Alaska.
It's a three-party arrangement: you (the principal), the surety carrier, and the state (the obligee). The bond stands behind your compliance with AS 08.24 — including your duty to remit what you collect to the creditors who hired you. The statute also lets an agency deposit $5,000 cash in lieu of the bond, but the bond keeps that capital free.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond remains in effect until cancelled by the surety, the principal, or the department, and no action may be brought on it more than two years after cancellation; we track the term and send renewal notices 60 and 30 days out.
You need this bond if you're
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the $5,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with Professional Licensing. Your executed bond arrives by email, ready to file with your collection agency license at the Division of Corporations, Business and Professional Licensing. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $100 at the $5,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
No credit check.
One application, issued instantly.
These are the actual issuing fields — business details, an effective date, and a term. That is the entire application.
Start the application →Common questions.
Other Alaska bonds.
The same bond in nearby states.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your collection agency license today.
$100 flat, issued the moment you pay, no credit check. Free until issued.