Florida Seller of Travel Bond

Florida Seller of Travel Bond

Travel agencies in the State of Florida are required to have a Sellers of Travel Surety Bond, otherwise known as a Travel Agent Bond. The Florida Department of Agriculture and Consumer Services (FDACS) oversees the registration of sellers of travel, including this surety bond provision.

QUOTE

Jet Insurance Company provides the Seller of Travel Bond to act as a financial assurance to the FDACS that the applicant will uphold applicable license regulations, as well as all contractual obligations. If a violation is committed, such as misrepresentation, fraud, or a breach of contract, the bond may be used as a means of restitution by the damaged party. Basically, protecting travel agent’s customers from any financial damage suffered due to the agent not providing the trip agreed upon.

How Is the Florida Seller of Travel Bond Limit Determined?

The bond limit is determined by the Florida Department of Agriculture and Consumer Services and is based on the number of operations offered by the travel business.

Listed below are the custom bond limits required for each tier of travel services provided.

Bond LimitAgency Services
$25,000Does not offer vacation certificates
$50,000Offers vacation certificates
$100,000Offers only prearranged services to high-risk areas*
$150,000Offers only prearranged services to high-risk areas AND offers vacation certificates
$250,000Offers pre-arranged services directly to high-risk areas AND other business dealings with said location
$300,000Offers pre-arranged services directly to high-risk areas AND other business dealings with said location, plus vacation certificates
Florida Sellers of Travel Bond Limits

*Applies to any state, country, or nation that the United States has deemed a “terrorist state”.

What Is the Cost of the Florida Seller of Travel Bond?

At Jet, the cost of the Seller of Travel Bond is a small percentage of the bond limit. Rates are based on the credit score of the applicant and possibly a review of financial statements and customer contract provisions. A Jet team member will give you a call following your application if additional information is needed.

For example, prices for a $25,000 Seller of Travel Bond begin at $250 for a one-year term or a convenient $25 a month.

For additional bond limits and Jet’s preferred tier rates, take a look at the chart below.

Bond TermMonthly1 Year
$25,000$25$250
$50,000$50$500
$100,000$100$1,000
$150,000$150$1,500
$250,000$250$2,500
$300,000$300$3,000
FL Seller of Travel Bond Prices

Florida Travel Agent Bond Process With Jet

Jet’s application for the Travel Agent Bond begins online with Jet gathering some general information we need (e.g. your contact details, required bond limit, and your social security number). You can also call us at (855) 296-2663 to get it started.

Once submitted, a Jet underwriter will review the initial application and determine if additional information is needed to quote the bond, such as business financials or your boilerplate customer contract. As soon as this step has been completed, Jet will provide you with a rate for purchase, which can be done online.

Jet can file your surety bond for you at no extra cost. However, if you would prefer to file the bond form yourself, the option to do so may be selected at checkout. 

The original signed and sealed Seller of Travel Bond must be submitted to the Florida Department of Agriculture and Consumer Services at the mailing address listed below.

Florida Department of Agriculture and Consumer Services
Sellers of Travel Program
2005 Apalachee Parkway
Tallahassee, FL 32399

If this is your first time registering with the FDACS, take a look at their Sellers of Travel webpage for further information on documentation requirements.

More Information on the Florida Sellers of Travel Surety Bond

How to Renew My Bond

For annually-purchased bonds, see Jet’s process to renew your bond. Hint: it’s simple.

How to Cancel My Bond

See the details surrounding cancelling your bond.

Bond Claim Process

Travel agencies should be aware of what causes a claim and what happens after a claim is made.

Florida Sellers of Travel Surety Bond Form Sample

Florida Seller of Travel Bond Form

Notary Bond Application:

X

Business Information:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Employee Dishonesty Bond Application:

Business Information:

Business Description:

Coverage Requirements:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Contract Bond Application:

X

Business Information:

Owner Information:

Job Details:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Worker's Compensation Application:

X

Business Information:

Business Description:

Coverage Requirements

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information: