Frequently Asked Questions (FAQ)
Bond Amount is $25,000.00. Standard Rate is 1.00% per year; 2.00% per year; 5.00% per year; with a minimum premium of $50.00.
FLORIDA-MOTOR VEHICLE DEALER BOND
FLORIDA-MOTOR VEHICLE DEALER BOND – $25,000.00
Underwriting Details
This bond is set at Category 3 – Credit Criteria. System approval will be provided if indemnitor meets the set credit/FICO requirements. A social security number (SSN) is required to quote.
Bond Amount is $25,000.00.
Standard Rate is 1.00% per year; 2.00% per year; 5.00% per year; with a minimum premium of $50.00.
Standard / Default term is 1 year .
A multiyear discount is available at specific rates filed.
A signed application is required.
Special Details
Special term end date until 04/30/XXXX.
Surety Bond Cost Breakdown — Get Approved and Pay Online in 2 Minutes. We are Surety bond producers and are business professionals who specialize in providing contract surety bonds to contractors.
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Execution Notes
Bond is electronically signed by the Surety Attorney in Fact.
Filing Method
Executed bond must be filed with the obligee by agent/principal.