Washington Combative Sports Promoter Bond Guide
If you’re applying for a combative sports promoter license in Washington, you’ll need a surety bond.
Bond Overview
- Purpose: To ensure payment for expenses and fines related to promotional activities
- Who Needs It: Combative sports promoters in Washington
- Regulating Body: The Washington Department of Licensing
- Required Coverage: $10,000–$100,000, based on the number of event locations
- Premium Rate: 1–10% based on credit score
Learn all about the bonding process in this guide.
What Is a Washington Combative Sports Promoter Bond?
A Washington combative sports promoter bond ensures payment for any damages or expenses incurred from promotional activities for a public or private MMA event.
The Washington Department of Licensing requires this bond as part of the licensing process for MMA, boxing and wrestling event promoters. $10,000 is the minimum coverage amount, but the Department may require a larger bond for some promoters.
How Much Do Combative Sports Promoter Bonds Cost in Washington?
Washington combative sports promoter bonds cost a small percentage of the bond amount, typically 1–10% based on credit score. That means you could pay as low as $100 for a $10,000 bond.
Exact rates vary based on personal credit score. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a Combative Sports Promoter Bond?
The Washington Department of Licensing requires this bond for combative sports promoters of the following sports competitions:
- Professional boxing, kickboxing, wrestling, or MMA events
- Amateur MMA events overseen by a licensed sanctioning organization or the Department of Licensing
- Closed-circuit telecast events
Purchasing and filing a surety bond is part of the broader promoter licensing process.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Washington combative sports promoter bond. Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- Buy: Purchase the bond online 24/7
We’ll email you the bond shortly after purchase. Be sure to file the bond with the Washington Department of Licensing as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Washington Combative Sports Promoter Bond Work?
As with all surety bonds, a combative sports promoter bond creates a legal contract between three parties:
- Principal: You, the combative sports promoter filing the bond
- Obligee: The Washington Department of Licensing requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding Washington Title 67.08.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your combative sports promoter bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.
Note: The surety can cancel the bond by providing 30-day’s notice to you and the Washington Department of Licensing.
