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Florida Premium Finance Company Surety Bond
Bond Requirements and Online Application
The Florida Department of Financial Services, Office of Insurance Regulation offers the Florida Premium Finance Company Surety Bond as an option for meeting their financial requirement for any entity wishing to obtain a Premium Finance Company License.
How can I get a Premium Finance Company License?
To apply for a license in this industry, the state has a specific list of requirements that must be submitted online at http://www.floir.com/iportal
The application includes the following sections:
Application fees and form
This includes a license fee, an investigation fee, a fingerprint processing fee, and the application form
This includes the articles of incorporation, a certificate of status from state of domicile, company bylaws, a certificate of status from the FL Secretary of State, and fictitious name filing
This includes a plan of operations, and managerial experience
This also includes a financial requirement: all applicants must have a statutory net worth of $35,000 attested by two officers of the company ora statutory net worth of $10,000 attested by two officers plus a Florida Premium Finance Company Surety Bond in the amount of $35,000
note: the cost to obtain the surety bond will only be a small percentage of this bond amount
This includes a list of officers, directors and shareholders, a biographical statement and affidavit for each officer, director and shareholder, an investigative background report, and fingerprint cards
Forms and Rates
This includes any other required forms as well as the service charge and interest rate plan.
How can I get a Florida Premium Finance Company Surety Bond?
To obtain a Florida Premium Finance Company Surety Bond, all you need to do is take a few minutes to fill out our free online application! Within one business day one of our licensed agents will contact you with a no-obligation quote for the price to obtain your bond (the “premium”). Once any necessary paperwork is signed and the premium payment is processed, your surety bond will be shipped to you via USPS Priority Mail (overnight shipping options also available).
The surety bonding experts at Surety Solutions Insurance Services, Inc. (Surety1) are here to help you get bonded quickly and reliably. We work with over a dozen “A” rated surety markets to ensure we find you the lowest rate for your bond. We are also licensed in all 50 states and maintain an A+ rating by the Better Business Bureau.
How to Get Your Florida Premium Finance Company Surety Bond
1. Complete an online application. It's free and no-obligation.2. One of our surety experts will contact you with a firm quote and an agreement to sign.3. Provide payment and your signed agreement, and then you will receive your Florida Premium Finance Company Surety Bond!If you have any questions, please call us at 877-654-2327.
HOW TO GET BONDED
1. Apply OnlineUsing our Free & Secure Application2. Get Your Free QuoteApplications are No-Obligation3. Get Your BondMost Bonds are Approved in 1-2 Business Days