Florida assisted living facility bonds.
From $100.

Florida requires an assisted living facility that holds or manages residents' personal funds — as representative payee or under a power of attorney — to post a surety bond with AHCA under F.S. 429.27. The amount is twice your residents' average monthly funds. Premiums are 1% of the bond amount, $100 minimum.

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Required when an ALF holds or manages residents’ personal funds under F.S. 429.27

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Amount is twice the average monthly aggregate of resident funds — with a $5,000 minimum

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A quick soft credit check may apply — never a hard inquiry, no impact on your score — pricing is 1% of the bond amount, $100 minimum, set before you apply

1% of bond amount$100 minimumClearpricing — instant issuanceSoft pullnever a hard inquiry

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How it works

Three steps to a filed bond.

Your license application is waiting on this bond. Here's the whole process:

TODAY · ONLINE

Apply online

Facility details, the bond amount (twice your residents’ average monthly funds), and an effective date. The only extra step is a one-time consent to a soft credit pull.

RIGHT AWAY

Approved

Most are approved as soon as you apply. The soft pull never affects your score and informs approval, not price. If it needs a second look, one to two business days at most.

SAME DAY

File with AHCA

Receive the executed bond ready to file with your ALF license application or renewal. Wet-ink originals mailed whenever the Agency insists.

About this bond

What it is and who needs it.

What the ALF bond actually guarantees

Florida licenses assisted living facilities through the Agency for Health Care Administration (AHCA). Under F.S. 429.27, a facility that serves as representative payee for a resident or holds a resident's funds under a power of attorney must file a surety bond as part of licensure — a resident-protection guarantee.

The bond runs to the Agency for the benefit of any resident who suffers a financial loss from the misuse or misappropriation of funds the facility holds. The amount is twice the average monthly aggregate of the funds or personal property the facility controls, and never less than $5,000 — and you include the value of any resident property held under power of attorney.

It is not insurance for you. If the surety pays a resident, you repay the surety. A surety that cancels or non-renews must give AHCA at least 30 days’ written notice — so we track your filing and notify you well ahead, keeping it continuous.

F.S. 429.27 (AHCA)Florida Statutes 429.27 requires an assisted living facility that acts as representative payee or holds residents' funds under power of attorney to file a surety bond with AHCA, conditioned on faithful handling of those funds and running to the Agency for the benefit of any resident who suffers a financial loss. The amount is twice the average monthly aggregate of resident funds or property the facility controls, with a $5,000 minimum. Confirm your figure with AHCA.

You need this bond if you are

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An ALF that is representative payee for one or more residents’ benefit checks

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Holding resident funds under a power of attorney or managing personal-needs accounts

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Applying for an ALF license where the application requires the resident-funds bond

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Renewing your ALF license and your current bond is expiring or your surety non-renewed

One application, issued instantly.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is issued when you pay.

Start the application →

FAQ

Common questions.

How much is the Florida assisted living facility bond?Premiums are 1% of the bond amount, $100 minimum. The bond amount itself is twice the average monthly aggregate of residents' funds your facility holds, never less than $5,000. Enter that figure and your exact price appears at the application.

Does every ALF need this bond?No — only facilities that hold or manage residents' personal funds, as representative payee or under a power of attorney. A facility that never touches resident money generally does not need it under F.S. 429.27.

How do I calculate the amount?Take the average monthly aggregate of the resident funds and personal property your facility controls, and double it — including any resident property you hold under power of attorney. The minimum is $5,000. If you're unsure, AHCA can confirm the figure.

Is there a credit check?A quick soft credit check may apply — never a hard inquiry, and it never affects your score. Your price is set by the bond amount, not the check — 1% of the bond amount, $100 minimum.

What happens if my bond is cancelled?Your surety must give AHCA at least 30 days’ written notice before cancelling or non-renewing. We track your filing and send renewal notices 60 and 30 days out so your bond — and your license — never lapses over a missed email.

Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.

How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.

Related bonds

Other Florida bonds.

AHCA is waiting on one document.

Premiums from $100, soft pull only. Enter the amount your residents’ funds require and file the same day.

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