How much does a fuel tax bond cost in Florida?
Florida’s Department of Revenue requires motor or special fuel, aviation or pollutant professionals to post surety bonds in varying amounts prior to conducting business. Applicants should verify their required bond amounts with the state prior to bonding.
Because the required amount and price of these bodns can vary so much, our experts recommend contacting us so that we can walk you through our fast and easy bonding process. Request your free bond quote now!
|Bond Type||Bond Amount||Cost*|
|$1,000-$100,000 Motor and Special Fuel, Aviation or Pollutant Tax Bond Bond amount is three times the average monthly pollutants tax paid or due during the past 12 calendar months||$1,000-$100,000||Starts at 1%||Apply Now|
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 fuel tax bonds ensure that principals (motor fuel, diesel fuel, aviation fuel, pollutants, importers and alternative fuel professionals) comply with the Florida statutory tax provisions. If the principal fails to pay all sums due to the state on time and in full, the bond protects the state from financial loss up to the full penal sum of the bond. The principal must reimburse the surety for any damages paid out.
What’s the fine print?
Fuel tax bonds in Florida cover the following areas of business:
- motor fuel
- diesel fuel
- aviation fuel
- alternative fuel
An original bond form must be submitting for each fuel product type or taxable pollutant.
The surety can cancel the bond by giving written notice of cancellation to the Department of Revenue. Cancellation becomes effective 60 days after the notice is received.
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