Platinum Bonds shield logo

Platinum Bonds Insurance Agency

Research before you apply.
ChatLoginPay Now

Division of Alcoholic Beverages and Tobacco Surety Bond

Any person or entity applying for a license to act as a distributor of tobacco products (other than cigarettes or cigars) in Florida. Required when: Upon application for a tobacco products distributor's license.

Bond amount$25,000
State or jurisdictionFlorida
ObligeeFlorida Department of Business and Professional Regulation, Division of Alcoholic Beverages and Tobacco

Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.

Amounts can vary

Selected requirement: $25,000. Other available requirements: "The initial corporate surety bond must be in the sum of $25,000. The Division reviews the amount of the bond on a semiannual basis and may increase it to the sum of the distributor's highest month of final audited tax liabilities, penalti…. Exact options still depend on the obligee, state, and underwriting.

Google icon5.0 ★★★★★Google review profileBBB iconBBB A+ AccreditedView the agency profile
2323 yearsHelping clients and agents
Overview

What it is.

Any person or entity applying for a license to act as a distributor of tobacco products (other than cigarettes or cigars) in Florida. Required when: Upon application for a tobacco products distributor's license.

Who usually needs it

Any person or entity applying for a license to act as a distributor of tobacco products (other than cigarettes or cigars) in Florida.

Pricing & timing

What to expect.

Generic pricing

Tax bonds guarantee payment of taxes or compliance with tax regulations. Typical Pricing:. • Standard tax bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. • Credit check: Required for most tax bonds. Common types include sales tax bonds, fuel tax bonds, and cigarette/tobacco tax bonds. Quick approval is typical for applicants with good credit. Some tax bonds may price higher depending on the bond type and jurisdiction.

Your quote determines the actual premium.

Typical timeframe

Credit-based approval — typically 1–2 business days

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

Platinum Bonds

Experience behind every bond.

Helpful guidance, a real agency team, and a clear path from research to application.

Google icon5.0★★★★★Google reviews

“Finally a company that understands what customer service is supposed to be.”

★★★★★

“My bond application was processed and received very quickly.”

★★★★★

“I highly recommend you do business with these folks.”

★★★★★
BBB A+ Accredited Business seal for Platinum Bonds Insurance Agency

BBB A+ Accredited

Open the Platinum Bonds Insurance Agency BBB profile.

23 years

Offering service to clients and agents alike.

Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.

Start the appTalk with Ava