Florida Dealer Bonds
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Whether you work in Miami, Tampa, Orlando, or anywhere else in the Sunshine state, we're your source for Dealer License Bonds and Garage Liability Insurance. All American Bonds and Insurance provides fast, easy, and accurate dealer bonds and insurance services to all dealers in Florida and we will get it to you QUICKER than any one else.
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With Us Every Year!
We Even Have Programs For:
New In Business Dealers Bonds
Dealers with Low Credit Scores
Garage Liability Insurance
How much does a Dealer Bond cost?
Many factors are considered when determining the price of a Florida Dealer Bond, such as bond amount, bond term, and credit history. Generally, the cost of the Florida Dealer Bond will range from $150 up to 10% of the dealer bond amount.
How much does Garage Liability Insurance Cost?
Garage Liability Insurance varies in cost depending on location, number of dealer tags, number of employees, driving record, and other factors. Florida dealers must have a minimum required of 25/25/25/10. Other options are available such as dealers open lot to cover theft, fire, and vadalism, garage keepers for repair shops, and property coverage for items in the office. Cost can range widely from $900 for the year to $10,000 and up.
Can I Finance?
Yes! If you're looking to finance your Florida Dealer Bond we can help. If your Florida Dealer Bond premium is $1500 or above we can finance it by itself. If the dealer bond premium is less it will have to be combined with your garage liability insurance. The insurance is commonly financed but can be paid in full as well.
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