Nationwide Agricultural Dealer Bonds

Agricultural product dealers across the United States are required by state law to provide proof of a Surety Bond before they can be licensed to buy, sell, or handle agricultural products. This bond protects producers, farmers, and suppliers by ensuring that agricultural dealers operate with honesty and pay for products according to their agreements.

What Is an Agricultural Dealer Bond?

An Agricultural Dealer Bond, sometimes called an Agricultural Product Dealer Bond, is a type of surety bond required by state departments of agriculture. The bond guarantees that licensed dealers comply with all laws and regulations governing the purchase and handling of agricultural commodities. Dealers who fail to pay for goods or violate state regulations may have claims filed against their bond.

Bond Amounts and State Requirements

Each state sets its own bond amount and filing requirements. Bond amounts generally range from $5,000 to $100,000 and are often based on your business’s annual or monthly transaction volume. Some states determine the bond amount as twice the highest month’s volume of agricultural products purchased or handled.

Dealers who pay for agricultural products in any method other than cash are typically required to maintain an active bond. Most states require annual renewal to keep the license and bond in good standing.

How Agricultural Dealer Bonds Are Approved

Agricultural Dealer Surety Bonds are underwritten based on the business owner’s personal credit score and financial standing. Most of our partner surety companies use a soft credit pull, meaning your credit score is not impacted when applying for a bond.

Cost of an Agricultural Dealer Bond

Business owners with a credit score above 680 typically pay about 1% of the bond amount annually. Even if your credit score is lower, we can still help you get bonded quickly and affordably. Florida Surety Bonds works with more than 60 top-rated surety companies, allowing us to offer the best possible premiums for businesses in all 50 states.

Why Choose Florida Surety Bonds

We are nationwide Agricultural Product Dealer Bond experts. Our experienced team understands each state’s requirements and can ensure your business is fully compliant. In most cases, we can approve and issue your bond the same day you apply.

Get Your Agricultural Dealer Bond Today

Getting bonded is quick and easy. Apply online below, call our Commercial Department at 407-786-7770, or email [email protected] for assistance. Our team will guide you through the process and make sure your agricultural dealer bond meets your state’s regulations.