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How much does a fundraising bond cost in Florida?
The Florida Department of Agriculture and Consumer Services requires professional solicitors to post $50,000 surety bonds.
These bonds are subject to underwriting, which means the amount you’ll pay depends on a review of your personal credit report. The experts at SuretyBonds.com work hard to get you bonded for the lowest premium rate available. Apply for a free bond quote now!
If you’re ready to get bonded quickly, easily and accurately, click here or call 1 (800) 308-4358.
Why do I need this bond?
Florida professional solicitor bonds ensure that principals (solicitors) comply with 496.401 through 496.424 of the Florida Statutes, which is also referred to as Solicitation of Funds. Prohibited acts under this bond include:
- providing false, misleading or incorrect documentation of any information
- using any corporation, company or person’s name for solicitation without written consent to do so
- using any name, symbol or other device that may mislead the public into believing they are a different organization
- falsely informing customers of a falsified connection with another company
- using funds for any reason other than fundraising for a specific organization
The bond protects any consumer who is harmed as a result of the principal’s unlawful business practices up to the full penal sum of the bond.
Begin your bonding process today by giving us a call at 1 (800) 308-4358 or by filling out our online bond request form.
What’s the fine print?
Professional solicitor bonds in Florida are continuous until canceled. If the surety decides to cancel this bond, it must provide written notice to the Florida Department of Agriculture and Consumer Services 30 days prior to termination.
Typically, underwriting companies must know what product or service a principal is soliciting to produce the bond. Applicants should have this information readily available during the bonding process.
How to become a professional solicitor in Florida
To become a licensed professional solicitor in Florida, applicants must include the following documents in a completed license application:
- list of contractual documents made with charitable organizations and sponsors
- a Notice of Commencement of Solicitation
- financial report of campaign
- custody of contributions
- proof of a surety bond
- records of solicitations
- type of organization
Visit the Additional Resources section of this page for more information. Begin the licensing process by purchasing the surety bond you need.