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Florida Seller of Travel Bond

Florida Seller of Travel Bond

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Who Requires the Seller of Travel Bond and Why Is It Needed?

Travel agents in Florida must post a Seller of Travel surety bond in order to legally operate in the state. The surety bond is required by the Florida Department of Agriculture and Consumer Services. The surety bond amount varies between $10,000 and $50,000 based on travel volume sold. Applicants should have the exact bond amount needed from the Department ready when requesting a quote.

The surety bond amount (i.e. amount of the security) required is as follows:

$10,000 for newly established businesses, businesses under new ownership, or businesses under the same ownership and control for at least one year and that have less than $500,000 in gross annual sales.

$15,000 for businesses under the same ownership and control for at least one year with gross annual sales between $500,000 and $1,000,000.

$20,000 for businesses under the same ownership and control for at least one year with gross annual sales between $1,000,000 and $2,000,000.

$50,000 for businesses that offer vacation certificates.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Florida Seller of Travel 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.

What Does the Bond Protect Against?

The bonded principal agrees to faithfully perform, fulfill or carryout any contract, agreement, or other arrangement as defined Sections 559.926-559.939, Florida Statutes.

The surety bond protects any consumer who is injured by any of the following actions of the surety bonded principal as determined through administrative proceedings conducted before the Department;

  • Misrepresentation
  • Fraud
  • Breach of contract
  • Financial failure, or
  • Violation of any provision of Sections 559.926-559.939, Florida Statutes, the Florida Sellers of Travel Act

What is Needed to Obtain My License?

As defined by the Florida Department of Agriculture and Consumer Services, a seller of travel is any Florida resident or nonresident individual, firm, corporation, or business that offers prearranged travel or tourist-related services directly or indirectly, in the form of vacation packages, or vacation certificates in exchange for a fee, commission, or other consideration. This includes a person, firm, corporation, or business entity who sells a vacation certificate to third-party for a commission, fee, or who offers such certificates to consumers in exchange for attendance at sales presentations. Any business entity offering membership in a travel club or travel service for an advance fee or payment, or who sells tour packages (even if no travel contracts or certificates, or tour packages are sold) is subject to registration requirements. Third parties who offer prearranged travel or tourist-related services, but do not participate in travel fulfillment or vacation certificate redemption are not included.

Any seller of travel that has a business location in Florida or that offers to sell travel related services in the state of Florida for individuals or groups is required to register with the Florida Department of Agriculture and Consumer Services. All registrations are valid for one year unless suspended or revoked for cause. Continued operation with an expired registration or bond will result in legal action by the department which may include injunctive relief, order to cease and desist, and civil or administrative fines. If a seller of travel fails to register with the department, the penalties may include civil or administrative fines, cease and desist order, and injunctive relief. 

List of Florida surety bonds.

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Surety Bonds Direct, LLC, Bonds Surety & Fidelity, Charleston, SC
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