Florida’s Seminole County requires a surety bond, also known as a Florida Seminole County License Bond, in order to obtain any kind of business license.
What is the purpose of the Bond?
Unlike insurance, this bond protects the obligee, in this case Seminole County, rather than the principal/bond holder, which in this case is the business owner. The bond protects the county against all loss or damage occasioned by the negligence of the business owner. If the business owner failed to comply with the business regulations of Seminole County, a claim can be made on the bond which the surety company (the company issuing the bond) must pay out if settled. However, the business owner must then repay the surety for any losses incurred due to the claim.
The amount required of a Florida Seminole County License Bond is $10,000 but the cost to obtain this bond will only be a small percentage of this bond amount.
More information regarding Seminole County’s licensing requirements can be found on their website.
Where can I get a Florida Seminole County License Bond?
At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:
- Complete the easy to navigate and secure online application. 1
- Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
- Sign some paperwork and pay the bond premium
Once these steps have been completed, the Surety Bond will be shipped to the bond applicant.
1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.
Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier online provider of surety bonds nationwide since 2003.