Individuals looking to get their agricultural dealer license typically have to provide an agricultural products dealer surety bond to guarantee their company will comply with industry regulations. This type of license and permit bond is known by a number of different names: dealer bond, landscaping bond, agricultural bond, etc. No matter the exact name, this bond type is used to protect consumers and other businesses from fraud and other wrongful actions committed by dealers and their employees. In many cases they will also need a Commercial Liability Insurance policy as well.
All American Bonds and Insurance are pros at Agricultural Products Dealer Bonds and Commercial Liability Insurance. Best of all we do it QUICKER than anyone else!
How much does an Agricultural Dealer Bond cost?
Many factors are considered when determining the price of an agricutural dealer bond, such as bond amount( between $5000 and $100,000), bond term, claim history, and credit history. Generally, the cost of the agricultural dealer bond will range from $100 to 10% of the bond amount. Multi year agricultural dealer bond options are available and can help save money and time.
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