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.
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This bond is required for any person wanting to obtain a Florida Yacht Broker license. This includes all persons with the�expectation of�receiving�compensation to?negotiate the purchase, sale, or exchange of yachts for other persons; or�sells, buys, offers, or negotiates to sell or buy for others in the state of Florida.
These bonds do require underwriting and the premium is based on the applicant’s personal credit history. You can expect to pay between .75% and 5% for a 2 year bond. �After you complete an application one of our representatives will email and call you back with a quote typically within one business day.
Bond Penalty Amount:�$25,000
Bond Term:�2 years
After you receive your Florida yacht salesperson bond from Single Source Insurance, you will need to sign it and mail it along with the attached power of attorney to:
Department of Business and Professional Regulation
Attn: FCTMH’s Yacht and Ship Brokers’ Section
1940 North Monroe Street
Tallahassee, Florida 32399-1030
