FOR ALL YOUR SURETY BOND NEEDS.
A Florida surety bond guarantees principal owners and the public that services will be performed with excellence and security. Florida legally requires a variety of contractors and organizations to secure bonds to conduct business across the public service industry. Single Source Insurance is a leading Florida bonding company. Apply easily online and take advantage of lowest rates. Browse the most common types of FL surety bonds, or contact us for a full list.
#1 Recommended Bond Agency in Florida
The Florida� Department of Agriculture and Consumer Affairs requires any person or business engaging in the act of buying or selling agricultural products to be properly licensed and bonded.� We can write these bonds for all cities including Lakeland, Lake Wales, Tampa, Orlando, Miami, Jacksonville, Apopka, etc.
The amount of the surety bond needed will depend on your dollar value�of�business�with FL producers, their agents or representatives, during the month in which the maximum volume of agricultural products was bought or handled by you as a dealer in agricultural products in any manner as defined in Section 604.15, Florida Statutes. �If you are a new business, you must estimate the dollar amount of business. �The bond amount required will be that of twice the value – not less than $5,000 and�not to�exceed $100,000.
Like most bonds, the premium you can expect to pay depends on the�owners�personal credit and other factors. �Those will better credit will receive better quotes than those will less than perfect credit. �Good credit applicants can expect to pay between 1% and 4% of the bond amount needed.
Contact an Single Source Insurance Representative to purchase your Agricultural Dealer Bond�
After you purchase your agricultural dealer surety bond, our representatives will email you a copy for your records and mail you out the original with an original power of attorney stapled to it. �You must sign the original and forward it along with the stapled POA to:
