Florida yacht & ship salesperson bonds.
$200 flat.

Florida requires a yacht or ship salesperson to deposit a $10,000 bond with the DBPR before a salesperson license issues, under the Yacht and Ship Brokers’ Act (Fla. Stat. §326.004). Ours is $200 flat — the price you see is the checkout price — and license bonds like this issue instantly.

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Required for your FL yacht/ship salesperson license — new applicants and renewals

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Fixed price, fixed amount — $10,000 bond, $200, no quote process

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One 2-year term — set it up once, forget it for the full 2 years

A-ratedA.M. Best carriersInstantunderwriting process2-yr termset by the carrier

Trusted by industry leaders

How it works

Three steps. One sitting.

License bonds are the simplest thing in surety. Here's the entire process:

NOW · ONLINE

Apply online

Business details and an effective date. That's the application — no financials, no credit section, no follow-up scavenger hunt.

MINUTES, USUALLY

Pay & e-sign

License bonds like this are among the thousands of bond types that issue right after purchase.

SAME DAY

File with your license

Your executed bond arrives by email, ready to deposit with the DBPR alongside your salesperson license application or renewal. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

Florida licenses yacht and ship salespersons through the DBPR Division of Florida Condominiums, Timeshares, and Mobile Homes. Under §326.004, an applicant for a salesperson license (or its renewal) must deposit a $10,000 bond or equivalent securities with the division.

The bond runs in favor of any person in a transaction who suffers a loss from a violation of the Yacht and Ship Brokers’ Act. Any person injured by the fraud, deceit, or willful negligence of a salesperson, or by their failure to comply with the Act, may file an action on the bond against the principal and the surety.

It is not insurance for you. If the surety pays a claim, you repay the surety. The bond must stay active for the life of your license — so we track it and notify you 60 and 30 days out, keeping your $10,000 deposit continuous.

Fla. Stat. §326.004 (Yacht and Ship Brokers’ Act)Under Fla. Stat. §326.004, an applicant for a yacht or ship salesperson license, or its renewal, must deposit with the DBPR division a bond or equivalent securities in the sum of $10,000, conditioned on compliance with the Yacht and Ship Brokers’ Act, in favor of any person in a transaction who suffers a loss from a violation of §§326.001–326.006. (A broker’s bond, by contrast, is $25,000.)

You need this bond if you're

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Applying for a FL yacht or ship salesperson license — the bond is deposited with your application

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

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New to yacht sales in Florida and working under a licensed broker

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Switching brokerages and re-filing your salesperson credentials

One application, issued instantly.

These are the actual issuing fields — the application collects no credit information, because this bond doesn't need it.

Start the application →

FAQ

Common questions.

How much is the Florida yacht/ship salesperson bond?The premium is $200, the same for everyone — that is the checkout price. The $10,000 bond amount is set by §326.004, so there is no quote process.

Do I pay the $10,000?No. You pay $200. The $10,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit you fund, and nobody holds your money.

How fast will I have the bond?License bonds like this are among the thousands of bond types that issue right after purchase — many salespersons finish the application and have the bond in the same sitting.

Is there a credit check?The application collects no credit information — no SSN, no credit section. Most applications like this approve instantly.

Do I need this if I am a broker?No — brokers file the $25,000 broker bond instead. This $10,000 bond is for salespersons licensed under the Act.

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

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Finish your license checklist today.

$200 flat, no credit review, bond often issued in the same sitting. Free until issued.

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Your price$200

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