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Florida Dance Studio Surety Bond

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Dance studios in Florida are required by the Dance Studio Act to post a security annually with the Florida Department of Agriculture and Consumer Services as a requirement of their registration.

Financial Security Requirements:

The security can be in the form of a guaranty agreement secured with a certificate of deposit, an irrevocable letter of credit, or a surety bond.

Surety bond amounts are determined by the number of years a studio has been in business:

  • Less than one year: $5,000 surety bond
  • At least one year but less than two years: $10,000 surety bond
  • At least two years, but less than three years: $15,000 surety bond
  • Failure to comply could subject dance studio owners to fines up to $5,000 per violation.
  • Applicants can obtain a dance studio registration package from the Department of Agriculture and Consumer Services. The surety bond will need to be submitted with the completed application package and payment of the application fee.

    How Much Will This Bond Cost?

    The premium that you pay for a Florida Dance Studio Surety Bond is dependent on credit and the bond amount required.

    How Do I Get a Surety Bond?

    Contact our Surety Bond Specialists today at:

    Phone: 1‑844‑432‑6637
    Email:  info@suretygroup.com
    Fax:     404-351-3237
    Hours: 8:00-5:00 CST, Monday through Friday

    More Surety Bond Questions?

    Check out our FAQ page. Should you need or choose to buy a surety bond, SuretyGroup.com has been underwriting surety bonds throughout the U.S. for more than 35 years. When you work with us, you enjoy the unique benefit of dealing with a team of highly experienced surety agents with in-house underwriting authority. This allows you to receive competitive, low rates, quick approvals, and immediate bond delivery. In most cases, your bond will be delivered within 24 hours after you apply for it.

    DownloadApplication

    For a downloadable application