City of Key West Business License Bond Guide
If you’re applying for a peddler permit in Key West, Florida you’ll likely need this surety bond.
Bond Overview
- Purpose: To ensure business owners uphold local regulations
- Who Needs It: Business owners applying for a peddler permit
- Regulating Body: The City of Key West Licensing Division
- Required Coverage: $1,000
- Premium Rate: $100 for a 1-year term
Learn all about the bond requirements and process in this guide.
What Is a City of Key West Business License Bond?
A Key West business license bond, also known as a peddler permit bond, holds transient vendors and solicitors responsible for upholding local codes.
The City of Key West Licensing Division requires this bond as part of the permitting process.
How Much Do Business License Bonds Cost?
A $1,000 City of Key West business license bond costs a flat rate of $100 for a 1-year term. Or, you can save 25% by selecting a multi-year term.
Click below to buy your bond in minutes!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Do I Get My Bond?
With SuretyBonds.com, you can buy your City of Key West business license bond instantly online. Just enter your information and checkout in minutes.
We’ll email you the bond shortly after purchase. Be sure to file the bond with the city as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Key West Business License Bond Work?
As with all surety bonds, a business license bond creates a legal contract between three parties:
- Principal: You, the business owner filing the bond
- Obligee: The City of Key West Licensing Division requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for operating honestly and upholding all applicable regulations.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must reimburse the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your business license bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.