Virginia event promoter bonds.
From $100.
A Virginia professional boxing, wrestling, or martial arts promoter files an event bond with DPOR before getting licensed. The amount equals your gate fees plus the purses owed to athletes — capped at $100,000 — and pricing starts from $100, with your exact premium shown in the application.
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How much does a Virginia event promoter bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard event bond — enter your amount, pay, and file with DPOR. Here is the whole thing:
Apply online
Your business details, the bond amount your event requires, and the effective date — that is the application.
Issued on the spot
No credit check up to $50,000. Above $50,000, a soft pull may add a short review.
File with DPOR
Submit the executed bond with your promoter license application to the Boxing, Martial Arts and Professional Wrestling program. Wet-ink originals mailed on request.
What it is and who needs it.
What the event promoter bond covers
Virginia regulates professional boxing, wrestling, and martial arts events through the DPOR Boxing, Martial Arts and Professional Wrestling program. Before a promoter license is granted, the applicant must execute and file a bond under Code of Virginia § 54.1-829.
The bond amount equals the sum of (i) the total gate fees and (ii) the total amount due to all boxers, martial artists, and wrestlers for their performance — but it cannot exceed $100,000. It guarantees you meet your promoter obligations, including paying the contestants and honoring the contracts you signed.
If a promoter fails to pay athletes or otherwise breaches the obligations the chapter defines, the harmed party can recover against the bond. Enter your event's gate-plus-purses figure; pricing starts from $100, and no credit check up to $50,000 — and if the surety ever pays, you repay the surety.
You need this bond if you are
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 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.
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 DPOR. Submit the executed bond with your promoter license application to the Boxing, Martial Arts and Professional Wrestling program. Wet-ink originals mailed on request.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $50,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with your bond amount (gate fees plus purses, up to $100,000) — the executed bond is generated instantly, ready to file.
Start the application →Common questions.
Other Virginia bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Event promoter bond, issued today.
Pricing from $100. Enter your gate-plus-purses figure and file with DPOR the same day.