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Any Florida nursing home that holds resident funds in trust must file a bond with the Agency for Health Care Administration under §400.162. The amount is twice your average monthly trust balance, or $5,000, whichever is greater — the premium is 1% of the bond amount, $100 minimum, priced exactly in the on-page calculator.
















No underwriting queue for the standard patient trust bond — enter your amount, pay, and file with AHCA. Here is the whole thing:
Your facility details, the bond amount your trust balance requires, and the effective date — that is the entire application.
The application collects no credit information, and most facilities see the executed bond generated as soon as you pay. Larger amounts may get a quick review.
Submit the executed bond with your nursing home license application or renewal. A new bond or continuation certificate is due on each annual renewal date. Wet-ink originals mailed on request.
When a Florida nursing home manages residents’ personal funds in trust — spending money, allowances, and the like — the facility must protect those funds. Under §400.162, a licensee that holds resident funds in trust files a surety bond with the Agency for Health Care Administration (AHCA).
The bond is conditioned on the licensee’s faithful compliance with the resident-funds provisions of the statute, and runs to the agency for the benefit of any resident injured by a violation. If the facility mishandles a resident’s personal funds or property, the harmed resident can recover against the bond.
The amount is twice the average monthly balance in the resident trust fund during the prior year, or $5,000, whichever is greater. A new bond or continuation certificate is required on each annual renewal date. As an alternative, the statute allows a self-insurance agreement under agency rule. Enter the figure that applies — the premium is 1% of that amount, $100 minimum, and the application collects no credit information.
Submit the application with the bond amount your trust balance requires — the executed bond is generated instantly, ready to file with AHCA.
Start the application →Premiums from $100. Enter the amount your trust balance requires and file with AHCA the same day.