What is a Florida Fertilizer Dealer Bond?

Know the how-to of this important surety bond for fertilizer dealers!

Florida Fertilizer Dealer BondFertilizer dealer applications must be accompanied by a surety bond as obligated by the Florida Department of Agriculture and Consumer Services, Division of Agricultural Environmental Services.

A Fertilizer Dealer Bond is a surety bond will serve as the fertilizer dealers’ guarantee that they will perform their duties in a just and rightful manner. Some of the aforementioned duties are, but not limited to, the following:

  • Maintain an accurate record of the tonnage of fertilizer sold
  • Pay the inspection fee of $1/ton on time and in full
  • Allows the Florida Department of Agriculture and Consumer Services, Division of Agricultural Environmental Services to verify the tonnage reports and the payment of inspection fees

Non-compliance with the laws and rules that govern fertilizer dealers in the State of Florida will be a ground for a bond claim.

 

What is the Fertilizer Dealer Bond amount?

The bond amount will vary per fertilizer dealer license applicant. The minimum bond amount, however, should be $1,000.

Highest Amount of                                                Amount of Bond

Fees Paid During a Single Month of                    Deposit Required

The Previous Year

0 – $1,000                                                                 $1,000

1,001 – 3,000                                                            $3,000

3,001 – 5,000                                                            $5,000

5,001 – 7,000                                                            $7,000

7,001 – 9,000                                                            $9,000

9,001 – 11,000                                                          $11,000

Over 11,000                                                              $15,000

If you have an excellent credit score, you will be eligible for a very low bond premium!

Know what you need to pay right now! GET YOUR FREE QUOTE HERE today!

 

How can I get a Fertilizer Dealer Bond?

Here’s a step-by-step guide to the bonding process that we have made easier so that you can get your bond in no time:

BOND APPLICATION

You must first apply for this type of surety bond. If you are ready to do this now, you may APPLY HERE!

Our expert surety bond agent will guide you through the entire process – from the time you have applied until the bond is issued to you.

ASSESSMENT

Next, you will be asked to submit a few important information that our underwriter will need to assess the following:

  • Your job or business history
  • Your credit score
  • Your financial strength

To avoid any delays, please make sure that you have gathered the right information needed prior to submitting.

BOND ISSUANCE

Once the underwriting process is done, we will immediately issue your bond and send it to you right away!

 

What are the surety bond conditions?

Ready to apply? START HERE!

Bond form http://forms.freshfromflorida.com/13229.pdf

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