The Florida Department of Business & Professional Regulation requires that Yacht & Ship sales people furnish a $10,000 Surety Bond.
A yacht and ship salesperson is someone who is employed by a yacht broker to perform the services of a broker. If you are going to hire someone to perform the services of a yacht broker or salesperson in Florida, they need to be licensed. Yacht brokers and salespersons are also required to carry a good and sufficient surety bond or letter of credit.To learn more about the licensing process please visit the Florida Department of Business & Professional Regulation website.
The bond helps ensure that the Yacht and Ship Salesperson will comply with all regulations, rules, and laws when performing in Florida. This bond will protect your clients from malpractice or detriment done by your company. These wrongdoings can be any person damaged by any misrepresentation or fraud of your services. This bond provides clients a peace of mind knowing that the salesperson has been backed by a third party surety company.
Call us at (855) 952-6633 to speak with a Surety Bond Expert
What happens after I apply online for my Surety Bond?
Step #1: A Surety Bond underwriter will immediately review your application, if it has been fully completed.
Step #2: A friendly Surety Bond expert will reach out to you to explain your quote or request additional information.
Step #3: Once you accept your quote and pay any premium due, your Surety Bond will be issued and delivered immediately.