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 all pawnshops in the State of Florida to either maintain a net worth of $50,000 or secure a pawnbroker surety bond in the amount of $10,000 each year. The department may impose penalties and fines up to $5,000 for those not in compliance.
These bonds do require underwriting and the premium is based on the applicant’s personal credit history. You can expect to pay between 1% and 5% for a 1 year bond. �After you complete an application one of our representatives will respond with a quote typically within 1 business day.
Bond Penalty Amount:�$10,000
Bond Term: 1 years
What to do after you purchase your bond:
After you receive your Florida pawnbroker’s bond from Single Source Insurance, you will need to sign it and mail it along with the attached power of attorney to:
We also offer many other types of surety and fidelity bonds, please contact us at 855-689-5106 to inquire further.
