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How much does a $30,000 surety bond cost?

Florida does not have any statewide contractor specific bonding requirement. There is a surety bond requirement called a Financial Responsible Officer bond. A financial responsible officer is appointed and in-charge of the finances for a construction corporation or limited liability company. Florida Contractor License Bond - Surety Bonds Direct Surety Bonds Direct surety-bond cont Surety Bonds Direct surety-bond cont

How much do you have to pay on a $30,000 bond?

The cost of your $30,000 surety bond will, in most cases, be a yearly premium in the range of 0.75%-3% of your bond amount. This translates into payments between $225 and $900. Applicants with less than good credit scores usually pay between $900 and $3,000.

How much is a $25,000 surety bond in Florida?

The cost of a surety bond is calculated as a small percentage of the total bond coverage amount typically 0.510%. This means a $10,000 bond policy may cost between $50 and $1,000. For applicants with strong credit, most bond rates are 0.54% of the bond amount. Guide + Calculator - Surety Bond Costs SuretyBonds.com edu surety-bond-cost SuretyBonds.com edu surety-bond-cost

How much does a $35000 surety bond cost?

The cost of a surety bond is calculated as a small percentage of the total bond coverage amount typically 0.510%. This means a $10,000 bond policy may cost between $50 and $1,000.

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