A Household Moving Services Performance Bond is a type of surety bond required in Florida by the State of Florida, Department of Agriculture and Consumer Services as the obligee. The surety bond amount or coverage is typically $25,000 and the surety bond is issued for the use and benefit of any consumer who is injured as a result of the moving service's fraud, misrepresentation, breach of contract, misfeasance, malfeasance, financial failure, or any violation of Chapter 507, Florida Statutes, Household Moving Services. If the bonded principal performs all the duties and responsibilities as required during the bonded term then this obligation is void.
