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Florida Home/Service Warranty Association Bond

How much does a home or service warranty association bond cost in Florida?

The Florida Office of Insurance Regulations’ Specialty Product Administration requires home or service warranty association professionals to post surety bonds in varying amounts prior to conducting business. Applicants should verify their required bond amount prior to bonding.

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Bond Type Bond Amount Cost by Credit Score*
680 and up 679 - 600 599 or lower
Home or Service Warranty Association 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.

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?

By posting a Florida home or service warranty association surety bond, principals pledge to faithfully perform obligations to its members or subscribers and pay every and all liabilities to its member or subscribers according to contract.

If the principal fails to conduct lawful and ethical business, the bond protects harmed parties from financial loss up to the full penal sum of the bond. The principal must reimburse the surety for all damages paid out.

Request your free bond quote now!

What’s the fine print?

Home and service warranty association surety bonds in Florida remain in full force and effect until canceled or released. The surety can cancel the bond by giving written notice of cancellation to the Commissioner of the Office of Insurance Regulation at least 60 days prior to the effective termination date.

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Division of Consumer Services Home Warranty Overview

Office of Insurance Regulation Company Admissions Application for License Service Warranty Association

Florida Statutes Chapter 634 Warranty Associations

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