The Surety Bond Experts
75 Port City Landing | Suite 130
Mt Pleasant SC 29464
(866) 372-0827
The State of Tennessee
Promoters Bond
Bond Term: Stated on Bond
Bond Price: $375
To be bonded by the Tennessee Boxing Promoters Bond, a promoter must secure a surety bond in the amount specified by the Tennessee Athletic Commission to ensure compliance with state regulations and to protect the interests of participants and the public.

Quick, Easy, and Affordable

Promoters Bond

To be bonded by the Tennessee Boxing Promoters Bond, a promoter must secure a surety bond in the amount specified by the Tennessee Athletic Commission to ensure compliance with state regulations and to protect the interests of participants and the public.

The Tennessee Athletic Commission mandates or requires the bond for boxing promoters to ensure compliance with state regulations and to protect the interests of participants and the public.

In Tennessee, obtaining a Boxing Promoters Bond typically requires the promoter to demonstrate financial stability, provide personal and business information, and sometimes undergo a credit check, but specific additional qualifications may vary based on the state’s regulatory requirements.

The cost of a Tennessee Boxing Promoters Bond typically depends on the promoter’s credit score, financial history, and the bond amount required by the state, often ranging from 1% to 10% of the total bond value.

With approval within 24 hours, applicants can quickly secure the Tennessee Boxing Promoters Bond, with the bond’s duration clearly stated on the bond document.

Get your Tennessee Boxing Promoters Bond with approval within 24 hours by clicking the apply now button.

The obligee for the Tennessee Boxing Promoters Bond is the Tennessee Department of Commerce and Insurance. You can find comprehensive information on their requirements for the bond [here](https://www.tn.gov/commerce.html).

Tennessee
Promoters Bond
Term: Stated on Bond
Price: $375
To be bonded by the Tennessee Boxing Promoters Bond, a promoter must secure a surety bond in the amount specified by the Tennessee Athletic Commission to ensure compliance with state regulations and to protect the interests of participants and the public.

Bond Details

State: Tennessee
Category: Promoters Bond
Class: License & Permit Bond
Obligee: Tennessee Department of Commerce and Insurance
Price: $375
Duration: Stated on Bond
Expiration: Stated on Bond
SORPid: B-524

Get A Promoters Bond

Quick, Easy, and Affordable

From Palmetto Surety Corporation, your trusted partner for all surety bond needs!

Why Choose Palmetto Surety Corporation?

Why Choose Palmetto Surety?

Fast Approvals

Get your surety bond quickly with our streamlined approval process.

Competitive Rates

We offer some of the most competitive rates in the industry, ensuring you get the most affordable surety bonds.

Approvals in Minutes

Competitive Rates

Fast Approvals

Get your surety bond quickly with our streamlined approval process.

Competitive Rates

We offer some of the most competitive rates in the industry, ensuring you get the most affordable surety bonds.

Ensure Compliance with a Promoters Bond!

How It Works:

Request a Quote: Click the “Apply Now” link to get started. For most bonds, you’ll see the price immediately on the application.   If your bond requires a credit check or underwriting, you’ll receive an instant quote after completing our quick and easy application.

Approval Process: Many surety bonds are available for instant issue, with approval granted immediately after your online payment. For bonds that require underwriting, our team will review your application and provide fast approval—typically within hours, not days.

Receive Your Surety Bond: Once approved, you’ll receive your bond via email in PDF format. After signing the required documents through DocuSign and completing the online payment, your bond is ready to go!

  1.  

Who Needs This Surety Bond?

In Tennessee, individuals or entities who wish to promote professional boxing events are typically required to obtain a Boxing Promoters Bond. This bond is a type of surety bond that serves as a financial guarantee to ensure that the promoter will adhere to state regulations and fulfill their contractual obligations, such as paying fighters, venue fees, and other associated costs. The bond protects the state and participants from financial loss due to the promoter’s potential misconduct or failure to comply with the law. The Tennessee Athletic Commission usually oversees the licensing and bonding requirements for boxing promoters in the state.
Benefits of a Promoters Bond
Protection Against Fraud: Ensures boxing promoters operate ethically, safeguarding participants and spectators from fraudulent activities. Financial Security: Provides compensation if a promoter violates laws or fails to meet contractual obligations. Regulatory Compliance: Holds promoters accountable to Tennessee state regulations, ensuring adherence to industry standards. Risk Mitigation: Reduces the risk of financial loss due to promoter malpractice or dishonesty. Consumer Confidence: Boosts trust in boxing events by offering financial protection for participants and attendees.

Apply for Your Promoters Bond Today!

Get started with our fast and easy application process. Submit your details, and you'll be approved in minutes.

FREQUENTLY ASKED QUESTIONS

How much does a Promoters Bond cost?

The cost of a surety bond, also known as a bond premium, typically depends on the bond amount required and your personal or business financial profile. For most bonds, you will pay a percentage of the total bond amount, usually ranging between 1% to 15%. Factors that influence the cost include the type of bond, your credit score, and your financial standing. Those with strong credit can expect to pay lower premiums, while applicants with lower credit scores may face higher rates. We offer competitive rates and work to get you the best possible price for your bond.

How long does it take to get approved for a Promoters Bond?

At Palmetto Surety Corporation, most of our bonds are issued instantly, meaning you’ll receive immediate approval. For bonds that require manual review and underwriting (based on credit score), we typically provide approval within minutes of submitting your application, and no later than 24 hours.

What happens if I don’t get the Promoters Bond bond?

If you fail to obtain the required surety bond, you may face legal penalties, including fines, suspension of your business license, or the inability to legally operate. These surety bonds are mandatory requirement by the state to ensure compliance with industry regulations and protect the public from misconduct or fraud.

How do I renew the Promoters Bond Bond?

When it's time to renew your bond, you will receive a notice from the surety bond company prior to the surety bond's expiration date. To extend your bond for another term, simply provide any updated information and pay the renewal premium. Be sure to renew on time to avoid any gaps in coverage, as this could result in non-compliance with the surety bond's regulations.

Can I cancel the Promoters Bond bond?

The Tennessee Boxing Promoters Bond, required by the Tennessee Department of Commerce and Insurance, serves as a financial guarantee ensuring compliance with state regulations and protecting participants and the public. Canceling this bond may have significant repercussions. Without an active bond, you may lose your license to operate as a boxing promoter in Tennessee, as it is a mandatory requirement for maintaining your licensure. Additionally, canceling the bond could lead to potential legal and financial liabilities, as the bond provides a safety net for any claims arising from your promotional activities. Before proceeding with cancellation, it is advisable to consult with a professional to fully understand the consequences and explore alternative solutions. Maintaining compliance with the Tennessee Department of Commerce and Insurance is essential for the continued success and legality of your promotional endeavors.

Still have questions or need more help?

Our surety bond experts and underwriters are available to assist you with any questions you have about your surety bond application - Feel Free to Call us Monday -Friday 9 AM - 5 PM EST at: (833) 7-SURETY
Top

© 2025 – All Rights Reserved

Site and Marketing by Mass Impact