Purchasing a Florida Financially Responsible Officer Surety Bond is easy and inexpensive with Single Source Insurance’s easy application.
The Florida Construction Industry Licensing Board requires a Financially Responsible Officer Bond (also known as a FRO Bond) when the person responsible for the finances of the business is not the qualifying agent. �As with most surety bonds, this bond ensures the responsible person operates faithfully and honestly under the statutes of the bond.
The penalty amount of the FRO surety bond is $100,000. �However, you do not pay this whole amount. �Premiums start at just $900 per year depending on your personal credit and other factors. �Single Source Insurance was the first agency in America to offer this low rate.
Most applications can be quoted the same day and once payment is made, we can usually issue the bond the same day as well.
Applying for the FRO surety bond is easy, simple click on the link below, download the PDF and email or fax back to us:
FRO SURETY BOND APPLICATION