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Florida Yacht or Ship Salesperson Bond

This bond is required for anyone who sells yachts or ships in Florida. It's a $10,000 financial guarantee that protects customers if the salesperson breaks state rules or acts dishonestly during a sale. Think of it as a safety net - if a yacht salesperson cheats a customer or violates Florida's boat sales regulations,…

Bond amount$10,000
State or jurisdictionFlorida
ObligeeState of Florida

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.

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2323 yearsHelping clients and agents
Overview

What it is.

This bond is required for anyone who sells yachts or ships in Florida. It's a $10,000 financial guarantee that protects customers if the salesperson breaks state rules or acts dishonestly during a sale. Think of it as a safety net - if a yacht salesperson cheats a customer or violates Florida's boat sales regulations,…

Who usually needs it

Licensed yacht and ship salespersons in Florida who are employed by a broker and perform acts such as negotiating the purchase, sale, or exchange of yachts or ships for other persons, or who sell, buy, offer, or negotiate to sell or buy yachts or ships for others in the state. The bond is required under Chapter 326.004 of the Florida Statutes to guarantee c…

Pricing & timing

What to expect.

Generic pricing

License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license 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. Same-day approval is typical for many common license bonds. Some license bonds may price higher depending on the specific bond type, state program, or underwriting requirements.

Your quote determines the actual premium.

Typical timeframe

Issuance timeframe varies by bond type and underwriting

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.

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Next step

Ready to move forward?

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

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