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Florida Travel Agency Bonds are in place to protect consumers against fraud, misrepresentation, breach of contract, or financial failure by the travel agency (Principal). The surety bond also protects against any violation by the Principal of the Florida Sellers of Travel Act, which is any provision of Florida Statutes, Sections 559.926-559.939.
Sellers of Travel are required to register with the Florida Department of Agriculture and Consumer Services (FDACS). The security requirement in the form of a surety bond is required in pursuant to Florida Statutes, Section 559.929. The surety bond must be completed and submitted with the registration application. The Obligee on the bond reads as the state of Florida, Department of Agriculture and Consumer Services.
Florida Travel Agency Surety Bonds continue in force from the effective date until canceled. The bond may be canceled by the Surety by giving 30 days written notice to the Obligee (FDACS). The bond will be renewed and billed for on an annual basis until the Obligee waives the bond requirement. The bond requirement may be waived if the Principal (travel agency) has had at least 5 consecutive years of experience in the state while remaining compliant with the Florida Sellers of Travel Act, has not had any civil, criminal, or administrative actions brought against the Principal in the travel and vacation business, and has held a satisfactory consumer complaint history with the FDACS. The seller of travel must complete a Sellers of Travel Act Security Waiver Application once they meet the previously stated requirements. This waiver does not apply to Principals that prearrange travel or tourist-related services directly to any terrorist state and which originate in Florida.
Contact The ProSure Group. As surety bond experts in business for over 23 years in Florida, The ProSure Group has issued hundreds of Travel Agency Bonds and has partnerships with more than 30 different surety companies. This ensures that we get you the best, most competitive pricing and terms available in the marketplace. You just need to complete our simple application and one of our specialists will quickly contact you.
What you will need to submit for registration:
|License||Florida Sellers of Travel Surety Bond||Department of Agriculture and Consumer Services
||$10,000-$50,000||Apply For Your Bond Now|