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Florida Citrus Fruit Dealer Bond

How much does a citrus fruit dealer bond in Florida?

The Florida Department of Agriculture and Consumer Services requires citrus fruit dealers to post surety bonds in varying amounts. The required bond amount for a citrus fruit dealer is based on the amount of boxes sold. The required amount of a bond to guarantee payment of citrus inspection fees is based on the number of boxes of fruit inspected. Applicants should verify their required bond amount with the department prior to bonding.

Because the required amount and, therefore, the price of this bond can vary so much, our experts recommend submitting a bond request to receive your free, personalized surety bond quote.

Bond Type Bond Amount Cost by Credit Score*
680 and up 679 - 600 599 or lower
Citrus Fruit Dealer's Bond Varies Starts at 1% 4-8% 10%+ Apply Now
Bond of Citrus Fruit Dealer to Guarantee Payment of Citrus Inspection Fees 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.

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.

Citrus Fruit Dealer Bond

Florida citrus fruit dealer bonds ensure that principals (fruit dealers) comply with the provisions of Chapter 601 of the Florida Statutes when purchasing, handling and selling citrus fruit, as well as when accounting for sales of citrus fruit. Principals must fulfill all contracts entered into while on the job and fully account for any payments of deposits made.

If the principal fails to conduct business ethically and lawfully, the bond protects any citrus fruit dealer who suffers financial loss as a result of the principals’ violations. The bond protects harmed parties up to the full bond amount, and the principal must reimburse the surety for any damages paid out.

Citrus fruit dealer bonds in Florida expire on May 1 of the year immediately following the end of the shipping season for which the bond is given. The surety can cancel the bond by giving written notice of cancellation via certified mail to the Commissioner of Agriculture at least 30 days prior to the effective termination date.

A complete schedule of required bond amounts is located on page 2 of the surety bond form.

Request your free surety bond quote now!

Florida Department of Agriculture and Consumer Services Citrus License and Bond

Florida Statutes Chapter 601 Florida Citrus Code

Payment Guarantee Inspection Bond

Florida citrus fruit dealer payment guarantee bonds ensure that principals (citrus fruit dealers) comply with all provisions of Chapter 601 of the Florida Statutes, including truly accounting for all citrus inspection fees and other amounts due to the commissioner of agriculture.

If the principal fails to conduct business ethically and lawfully, the bond protects the state from financial loss up to the full amount of the bond. The principal must reimburse the surety for all damages paid out.

These bonds remain in full force and effect until July 31 of the year indicated on the surety bond form.

A complete schedule of required bond amounts is located on page 2 of the surety bond form.

Find out exactly how much you’ll pay for your Florida surety bond by requesting your free bond quote now!

Surety Bond form

Florida Department of Agriculture and Consumer Services Citrus License and Bond

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