If you're involved in the transportation and distribution of liquor in West Virginia, you must adhere to the state's regulations to legally operate. One requirement is obtaining a West Virginia bond of a permit carrier (liquor transport permit bond). A liquor transport bond is a type of surety bond required by the state's Alcohol Beverage Control Administration (WVABCA) for businesses involved in the transportation of alcoholic beverages within the state. The bond serves as a financial guarantee that the transporter will comply with all relevant laws, rules, and regulations governing the transport and delivery of liquor.
The primary purpose of the liquor transport permit bond is to protect the state and its residents from any potential financial losses resulting from violations committed by the permit holder during the transportation and delivery of alcoholic products. The bond ensures that the transporter will operate lawfully, handle the products responsibly, and meet its tax obligations.
When a transporter applies for a liquor transport permit, they must obtain a surety bond from a licensed bonding company. The bonding company acts as a third party guarantor, providing a financial guarantee to the state on behalf of the transporter. In the event of a violation, the WVABCA may file a claim against the bond to seek compensation for any damages or fines incurred. The cost of a liquor transport permit bond can vary based on the transporter's creditworthiness, the bond amount required by the state, and any previous violations and/or bond claims. Questions and application materials may be directed as follows:
WV Alcohol Beverage Control Administration
900 Pennsylvania Ave., 4th Floor
Charleston, WV 25302
(304) 356-5500
The bond of a permit carrier is continuous inform but must be renewed annually to remain in compliance with the state's requirements. The bond can be canceled by the surety company for non-payment of premium, which would result in the permit holder needing to obtain a new bond promptly to maintain their operations legally.
West Virginia surety bond leader, Surety One, Inc. is a specialist in the bonding needs of freight and transport operations. We offer same-day issue of the surety bonds required by these businesses. Questions about this surety bond need? Call us at (800) 373-2804, email us at Underwriting@SuretyOne.com or click here for live chat about your West Virginia liquor transport bond.
Surety bond application review and quoting are free of charge. There is no obligation to purchase.