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For many business owners, surety bonds are a confusing startup expense, so we’re often asked to explain what determines pricing. Although a few factors can affect your surety bond cost in Florida, the risk associated with your specific request has the largest impact on how much you’ll pay. Certificate of title bonds, for example, are classified as low-risk, so they’re typically issued instantly without a credit check for a low, flat rate. High-risk bonds, such as those for telemarketers, are priced based on an underwriting review.
Standard market premiums for underwritten accounts are typically 1-3% of the bond amount. For example, an applicant who qualifies for a standard market would pay just $250-$750 for a $25,000 auto dealer bond.
Consulting a surety expert is the best way to determine your exact surety bond cost. You can request your free quote instantly online or by calling 1 (800) 308-4358. Your personal bond specialist will work with you to find the lowest available rate for your bonding needs.
Don’t let low credit scores, bankruptcies or past-due child support payments keep you from getting bonded. SuretyBonds.com offers an exclusive Low Credit Bonding Program that can approve 99% of applicants quickly and easily – no matter their financial situation. Our competitors shy away from applicants with less-than-stellar credit, but SuretyBonds.com believes every entrepreneur and working professional should have access to the bonding services they need to pursue their business goals.
Applicants can also ask for premium financing to make bond premiums more affordable. Request your approval today!
Saying you need a “surety bond” is a lot like saying you need a “car.” There are thousands of unique options available, but you should always purchase the perfect one for your needs. That’s where we come in!
SuretyBonds.com maintains an extensive surety bond library, but if we don’t have the exact form you need, we’ll track it down. You can request your bond online by filling out our quick and easy contact form, or you can call 1 (800) 308-4358 to speak with a surety expert and get answers to all of your questions.
SuretyBonds.com proudly offers our clients the industry’s best bonding services. We do this by maintaining relationships with the nation’s leading surety underwriters, which ensures our clients qualify for the lowest available bond rates. We also use client feedback to continually perfect our proprietary bonding system, which means our clients enjoy unparalleled turnaround times.
When you choose SuretyBonds.com for your Florida surety bond needs, you’ll enjoy fast, easy and accurate service. Contact us now with your request!
SuretyBonds.com is legally licensed to issue bonds in Florida.
Agency License # L068494
Agent Producer License # P227380