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.

This bond is required by the State of Florida to serve as a public adjuster within the state.This includes all individuals wanting to submit claim forms to insureds or third party claimants in return for money, compensation or anything of value.
Some of the licenses required to obtain a Florida public adjuster’s surety bond include:
3-20, 3-44, 73-20, 73-44, 5-20, 5-44,75-20, 75-44, 6-20, 6-44, 7-20, or 7-44
These bonds require underwriting and are based on personal credit. Varying rates start as low as .5% of the bond penalty amount for those maintaining a healthy credit score.
Bond Penalty Amount: $50,000
Bond Term: 1 year
After purchasing your surety bond from an Single Source Insurance Bond representative, you can receive the bond in as quickly as 48 hours. Once received you will need to sign it and mail it along with the attached power of attorney to:
These bonds do require underwriting and are based on personal credit of all the owners. You can expect to pay anywhere between .75% ($185) to 5% ($1,250) of the bond penalty amount if you maintain good credit. For individuals with lower credit ratings, we can still offer the most competitive premiums with financing being an option as well to help you purchase more inventory.
Bond Penalty Amount: $25,000
Bond Term: 1 year
Why do I need this bond:
This bond is required by the Indiana Secretary of State for all Indiana Car Dealers. This includes all dealers with the following types of licenses: Automobile Auctioneer, Dealer, Distributor, Manufacturer, Wholesaler, Watercraft, Converter Manufacturer, Automotive Salvage Recycler, Transfer Dealer, and Auto Mobility Dealer. You must maintain a bond at all times in order to keep a valid Indiana dealers license.
What to do after you purchase your bond:
After you receive your vehicle merchandising bond from Single Source Insurance, you will need to sign it and mail it along with the attached power of attorney to:
Indiana Secretary of State Dealer Division
302 W Washington St, Room E018
Indianapolis, IN 46204
Vehicle Dealer Bonds are also referred by many people and state agencies as: MVD Bonds, DMV Bonds, Vehicle Dealer Bonds, Auto Dealer Bonds, Car Dealership Bonds, Car Dealer Bonds & Used Car Dealer Bonds.
Whatever you wish to call them, Single Source Insurance can help you obtain it at a low rate!
These bonds do require underwriting and are based on personal credit of all the owners. You can expect to pay anywhere between .75% ($185) to 5% ($1,250) of the bond penalty amount if you maintain good credit. For individuals with lower credit ratings, we can still offer the most competitive premiums with financing being an option as well to help you purchase more inventory.
Bond Penalty Amount: $25,000
Bond Term: 1 year
Why do I need this bond:
This bond is required by the Indiana Secretary of State for all Indiana Car Dealers. This includes all dealers with the following types of licenses: Automobile Auctioneer, Dealer, Distributor, Manufacturer, Wholesaler, Watercraft, Converter Manufacturer, Automotive Salvage Recycler, Transfer Dealer, and Auto Mobility Dealer. You must maintain a bond at all times in order to keep a valid Indiana dealers license.
What to do after you purchase your bond:
After you receive your vehicle merchandising bond from Single Source Insurance, you will need to sign it and mail it along with the attached power of attorney to:
Indiana Secretary of State Dealer Division
302 W Washington St, Room E018
Indianapolis, IN 46204
Vehicle Dealer Bonds are also referred by many people and state agencies as: MVD Bonds, DMV Bonds, Vehicle Dealer Bonds, Auto Dealer Bonds, Car Dealership Bonds, Car Dealer Bonds & Used Car Dealer Bonds.
Whatever you wish to call them, Single Source Insurance can help you obtain it at a low rate!
These bonds do require underwriting and are based on personal credit of all the owners. You can expect to pay anywhere between .75% ($185) to 5% ($1,250) of the bond penalty amount if you maintain good credit. For individuals with lower credit ratings, we can still offer the most competitive premiums with financing being an option as well to help you purchase more inventory.
Bond Penalty Amount: $25,000
Bond Term: 1 year
Why do I need this bond:
This bond is required by the Indiana Secretary of State for all Indiana Car Dealers. This includes all dealers with the following types of licenses: Automobile Auctioneer, Dealer, Distributor, Manufacturer, Wholesaler, Watercraft, Converter Manufacturer, Automotive Salvage Recycler, Transfer Dealer, and Auto Mobility Dealer. You must maintain a bond at all times in order to keep a valid Indiana dealers license.
What to do after you purchase your bond:
After you receive your vehicle merchandising bond from Single Source Insurance, you will need to sign it and mail it along with the attached power of attorney to:
Indiana Secretary of State Dealer Division
302 W Washington St, Room E018
Indianapolis, IN 46204
Vehicle Dealer Bonds are also referred by many people and state agencies as: MVD Bonds, DMV Bonds, Vehicle Dealer Bonds, Auto Dealer Bonds, Car Dealership Bonds, Car Dealer Bonds & Used Car Dealer Bonds.
Whatever you wish to call them, Single Source Insurance can help you obtain it at a low rate!
These bonds do require underwriting and are based on personal credit of all the owners. You can expect to pay anywhere between .75% ($185) to 5% ($1,250) of the bond penalty amount if you maintain good credit. For individuals with lower credit ratings, we can still offer the most competitive premiums with financing being an option as well to help you purchase more inventory.
Bond Penalty Amount: $25,000
Bond Term: 1 year
Why do I need this bond:
This bond is required by the Indiana Secretary of State for all Indiana Car Dealers. This includes all dealers with the following types of licenses: Automobile Auctioneer, Dealer, Distributor, Manufacturer, Wholesaler, Watercraft, Converter Manufacturer, Automotive Salvage Recycler, Transfer Dealer, and Auto Mobility Dealer. You must maintain a bond at all times in order to keep a valid Indiana dealers license.
What to do after you purchase your bond:
After you receive your vehicle merchandising bond from Single Source Insurance, you will need to sign it and mail it along with the attached power of attorney to:
Indiana Secretary of State Dealer Division
302 W Washington St, Room E018
Indianapolis, IN 46204
Vehicle Dealer Bonds are also referred by many people and state agencies as: MVD Bonds, DMV Bonds, Vehicle Dealer Bonds, Auto Dealer Bonds, Car Dealership Bonds, Car Dealer Bonds & Used Car Dealer Bonds.
Whatever you wish to call them, Single Source Insurance can help you obtain it at a low rate!
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Florida requires public adjusters to obtain a surety bond as part of their licensing process. The bond amount is set at $25,000 and must be maintained for the duration of the license. Several license types require this bond, including 3-20, 3-44, 73-20, 73-44, 5-20, 5-44, 75-20, 75-44, 6-20, 6-44, 7-20, and 7-44.
The cost of a Florida public adjuster bond typically ranges from 0.75% to 5% of the bond amount, depending on the applicant's credit score. Individuals with good credit can expect to pay around $185 to $1,250 for their bond. Those with lower credit scores may still qualify but may face higher premiums.
After purchasing the bond, applicants must sign it and mail it along with the attached power of attorney to the Florida Department of Financial Services. The mailing address is: Florida Dept of Financial Services, Division of Agent and Agency Services – Bureau of Licensing, 200 East Gaines St – Larson Building, Rm 419, Tallahassee, FL 32399-0319.
Single Source Surety offers public adjuster bonds in Florida and other states. They provide competitive rates and financing options for those who need assistance in obtaining their bond. For more information or to purchase a bond, contact Single Source Surety directly.
