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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Required of an event promoter under Code of Virginia § 54.1-829, filed with DPOR

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Amount = total gate fees plus purses due to contestants, but no more than $100,000

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From $100, no credit fields in the application — enter your required amount and see your price

From $1001% of bond amount, $100 minInstantapproval for mostNo SSNin this application

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How it works

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:

TODAY · ONLINE

Apply online

Your business details, the bond amount your event requires, and the effective date — that is the entire application.

INSTANTLY

Issued on the spot

No credit fields and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.

SAME DAY

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.

About this bond

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 the application collects no credit information at the standard amount — and if the surety ever pays, you repay the surety.

Code of Virginia § 54.1-829 (DPOR)Under Code of Virginia § 54.1-829, no license to act as a promoter of professional boxing, wrestling, or martial arts events is granted unless the applicant executes and files a bond with DPOR. The bond amount equals the sum of total gate fees plus the total amount due to all boxers, martial artists, and wrestlers for the event, but shall not exceed $100,000. Confirm your event's figure when you apply.

You need this bond if you are

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A promoter of a professional boxing, wrestling, or MMA event in Virginia

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Applying for a DPOR promoter license that is conditioned on this bond

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Running a one-off or a season of events that require event bonding

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Re-applying for a promoter license after a lapse

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 →

FAQ

Common questions.

How much is the Virginia event promoter bond?Pricing is 1% of your bond amount, $100 minimum. The amount itself equals your total gate fees plus the purses owed to athletes, capped at $100,000. Enter that figure and your exact price appears in the application.

How do I figure out the bond amount?Add (i) your total gate fees for the event and (ii) the total amount due to all boxers, martial artists, and wrestlers for their performance. That sum is your bond amount — but it never exceeds the $100,000 statutory cap.

What does the bond guarantee?That you meet your promoter obligations under the chapter — chiefly paying the contestants and honoring your contracts. If you fail to and someone is harmed, they can recover against the bond; if the surety pays, you repay the surety.

Is there a credit check?The application collects no credit information at the standard amount, and most applications approve instantly. If a check ever runs for a larger amount, it is a soft pull that never affects your credit score.

Where do I file it?With DPOR, alongside your promoter license application to the Boxing, Martial Arts and Professional Wrestling program. We issue the executed bond ready to submit.

Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.

How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.

Related bonds

Other Virginia bonds.

Event promoter bond, issued today.

Pricing from $100. Enter your gate-plus-purses figure and file with DPOR the same day.

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Your premiumfrom $100

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