MMA or boxing surety bond cost
The Arizona State Boxing and Mixed Martial Arts Commission requires a $20,000 bond to be filed with the Arizona Department of Racing.
The cost of an Arizona boxing and mixed martial arts promoter bond is based on underwriting consideration. With strong financial credentials, clients could pay just $200 for this specific bond!
Even with less-than-spectacular credit, we can still get you approved for the bond you need through our exclusive bad credit bonding program.
*The bond premium rate quotes provided to you through this website are for pricing comparisons and quotation estimate purposes only. The bond rate quotes provided are based on general assumptions that may or may not be applicable to you and are subject to change at any time. These rate quotes do not constitute an offer of insurance, nor is any contract, agreement, or bond coverage implied, formed or bound by the provision of rate quotes. Bondability, final bond premium rate quotes and an offer of insurance, if any, will be determined by the insurance company providing your bond. You must contact us directly to obtain a quote for binding purposes.
Why this bond
Arizona boxing and mixed martial arts bonds ensure that principals (boxing and MMA promoters) follow all rules, regulations and laws stated within the Arizona Revised Statutes, Title 5, Chapter 2, Article 2. Some of these provisions include:
- verifying all fighters are 18 years of age or older
- paying all contestants, physicians and professional personnel as promised
- obtaining the proper license
- maintaining a properly ventilated venue
- and more
Arizona boxing and mixed martial arts promoter surety bonds are meant to guarantee the safety of the public and boxing/MMA fighters and to make certain that contestants are properly paid for their participation in boxing and mixed martial arts competitions. If consumers are done harm and bring a valid claim against the bond, the surety will compensate them for any financial losses up to the full bond amount. The principal is ultimately responsible for reimbursing the surety.
Arizona boxing and mixed martial arts promoter surety bonds expire at the end of the calendar year, and the obligee requires notice from the surety underwriting company 30 days prior to cancellation.
To renew this specific bond, promoters must apply within 30 days of the date of termination. To ensure you don’t fall out of compliance with the laws of Arizona and the combat sports promotion industry.
Become a boxing and MMA promoter
Upon being bonded, applicants can apply for an Arizona boxing and mixed martial arts commission license, which enables them to legally hold and promote fights. Applicants must meet the following requirements before they can be licensed:
- have their fingerprints taken at a local police station
- provide three months of bank statements
- furnish a credit report
- submit proof of residency
Apply for your surety bond
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