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Florida Agricultural Products Dealer Bond

How much does an agricultural products dealer bond in Florida cost?

The Florida Department of Agriculture and Consumer Services requires agricultural products dealers to post surety bonds in varying amounts. The required bond amount must be twice the dollar value of business done in Florida during the month in which the highest volume of agricultural products were bought or handled. The bond amount must be between $5,000 and $100,000.

These bonds are subject to underwriting, which means that the price an applicant pays for the bond is determined by the required bond amount and a review of his or her personal credit report. Our surety experts will tell you exactly how much you’ll pay for your bond when you complete a bond request today!

Bond Type Bond Amount Cost by Credit Score*
680 and up 679 - 600 599 or lower
Agricultural Products Dealer Bond Varies Starts at 1% 4-8% 10%+ Apply Now
*The bond premium rate quotes provided to you through this website are for pricing comparisons and quotation estimate purposes only. The bond rate quotes provided are based on general assumptions that may or may not be applicable to you and are subject to change at any time. These rate quotes do not constitute an offer of insurance, nor is any contract, agreement, or bond coverage implied, formed or bound by the provision of rate quotes. Bondability, final bond premium rate quotes and an offer of insurance, if any, will be determined by the insurance company providing your bond. You must contact us directly to obtain a quote for binding purposes.

Our team of surety experts works personally with you to get you bonded quickly and for the lowest price possible. Apply for a free bond quote or call 1 (800) 308-4358 to begin our fast and easy bonding process.

Why do I need this bond?

By posting a Florida agricultural products dealer surety bond, principals (agricultural products dealers) pledge to never impose false charges for services in connection with agricultural products, make fraudulent sales or intentionally make false statements regarding the grade, conditions, markings or quality of goods. This particular bond also ensures that principals make all necessary payments to the producers they obtain their products from.

If the principal fails to follow the rules of the bond contract, state and industry and consumers are harmed as a result, the surety will reimburse the harmed parties for any damages up to the full bond amount. The agricultural products dealer, in turn, must repay the surety for all damages paid out.

Ready to purchase your Florida agricultural products dealer bond? Connect with a surety expert who will walk you through our fast and easy bonding process!

What’s the fine print?

Florida agricultural products dealer bonds run continuously in full force and effect as long as the applicant remains compliant with all rules and regulations stated in the bond contract. The applicant must specify on the form if he or she is applying for the bond as an individual, partnership, corporation or LLC.

How to become an agricultural products dealer in Florida

It’s against the law to act as an agricultural products dealer in Florida without first obtaining a license issued by the the Commissioner of the Florida Department of Agriculture and Consumer Services. To become a licensed dealer, applicants must file a completed license application with the commissioner, post a surety bond and pay all filing fees. Applicants should be sure to specify the types of agricultural products they intend to handle on the license application form.

Have more questions about Florida agricultural products dealer bonds? Contact our team of bond experts now! Wen can typically provide your free bond quote within 1 business day of submitting your application.

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Florida Department of Agriculture and Consumer Services Division of Marketing and Development Bureau of Agricultural Dealer’s Licenses Agricultural Products Dealer Bond form

Florida Department of Agriculture and Consumer Services Agricultural Dealer’s Licenses

Florida Department of Agriculture Agricultural Dealer’s Licenses Frequently Asked Questions

Application for Agricultural Products Dealer License

Florida Department of Agriculture and Consumer Services Division of Marketing and Development Bureau of Agricultural Dealer’s Licenses Application for Agricultural Products Dealer License

2012 Florida Statutes Title XXXV Agriculture, Horticulture and Animal Industry Chapter 604 General Agriculture Laws

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