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Florida Business Opportunity Bond

How much does a business opportunity bond cost in Florida?

The Florida Department of Agriculture and Consumer Services requires certain individuals to post $50,000 business opportunity surety bonds.

These bonds are subject to underwriting consideration, so the price you’ll pay depends on a review of your personal credit report. Some surety underwriting companies might require current business financials and a personal financial statement to produce this bond. Request your free surety bond quote now!

Bond Type Bond Amount Cost by Credit Score*
680 and up 679 - 600 599 or lower
Business Opportunity Bond $50,000 Starts at $500 $2,500-5,000 $5,000+ 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.

Begin the bonding process by calling 1 (800) 308-4358 or submitting a bond request. Our experts can typically provide free, no-obligation bond quotes within 1 business day of submitting your application.

Why do I need this bond?

Florida business opportunity surety bonds are put in place to ensure that principals (licensees) adhere to the provisions of sections 559.80-559.815 of the Florida Statutes, which is also referred to as the Florida Sale of Business Opportunity Act. If the principal does violate this code, the bond protects any consumer who is harmed by the principals actions up to the full penal sum of the bond. The principal must reimburse the surety for all damages paid out.

Request your free surety bond quote now!

What’s the fine print?

Business opportunity bonds in Florida remain in full force and effect until canceled. The surety can cancel the bond by giving written notice of cancellation to the state at least 30 days prior to the effective termination date.

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Get a FREE Business Opportunity Bond Quote Today!

Florida Department of Agriculture and Consumer Services

Business Opportunities

Florida Statutes Chapter 559

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