Florida Contractors Financial Stability Bond for $20,000 and $10,000 Required for Applicants With Less Than 660 Credit Score Available From Smith Insurance & Bonds

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New State of Florida regulation for Division I and Division II contractor applications with credit scores below 660 requires a $10,000 surety bond for Div I and $20,000 surety bond for Div II applicants.

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This bond has presented a huge barrier for applicants the past couple months. Our simplified program makes the process smooth, and does not require collateral. We have had a number of successful requests since establishing the program.

Smith Insurance & Bonds provides surety bonds to contractors and other applications that are required by the State of Florida, Florida counties, cities, and other municipalities, specifically the new requirement for Div I and Div II Applicants. By purchasing direct from Smith Insurance & Bonds, these applicants benefit by discounted pricing and exceptional service and an easy application process by contacting our office.

One new bond required for the Construction Industry Licensing Board, is the $10,000 and $20,000 Florida Stability Surety Bond. This bond is required when the licensed qualifier for a business has a credit score of 660 or below. This bond specifically, guarantees to the CILB that the company will follow the rules and regulations set forth by the State of Florida. "This bond has presented a huge barrier for applicants the past couple months. Our simplified program makes the process smooth, and does not require collateral. We have had a number of successful requests since establishing the program." says Matt Smith, President of Smith Insurance & Bonds.

For more information on obtaining the Florida surety bond, contact our office via phone 866.976.2185 or visit our website: http://www.flsuretybonds.com. The bond is approved within 24 hours and can be delivered via overnight courier.

Smith Insurance & Bonds is an independent insurance and surety bond agency based in Ft Myers, FL ., specializing in the placement of contract (bid, performance and payment) bonds as well as commercial surety and insurance products.

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