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Florida Private Educational Institution Bond

Florida Private Educational Institution Bond

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Who Requires the Private Educational Institution Bond and Why Is It Needed?

A surety bond must be posted pursuant to the Florida K-20 Education Code for Florida private educational institutions before a Certificate of Authorization can be issued to the school. The blanket surety bond must be in a penal sum of as determined by the Department of Education using a specific formula. The Department should give you the surety bond amount required for your business. The surety bond ensures that the private educational institution operates its institution as authorized by and in conformity with the all rules and regulations promulgated by the Department of Education and all provisions of the Florida Statutes. If the school operates in compliance with the Florida K-20 Education Code and all rules and regulations and any damages are promptly paid as required by the state of Florida, then this obligation will be null and void.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Florida Private Educational Institution Bond. The quote request is free and there is no obligation to you. If you prefer, please call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.

If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.




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