Florida's Department of Agriculture and Consumer Services requires Household Moving Services to obtain a $25,000 Household Moving Services Performance Bond or provide the state with a certificate of deposit in the amount of $25,000.
The surety bond protects any consumer who is injured as a result of the Principal’s fraud, misrepresentation, breach of contract, misfeasance, malfeasance, financial failure, or any violation of Florida Statutes.
Applicants are required to complete the application and pay the registration fee. The fee may be waived if the applicant is an honorably discharged veteran. A registration must be renewed biennially on or before its expiration date. Each mover operating in this state must maintain current and valid liability insurance coverage of at least $10,000 per shipment for the loss or damage of household goods resulting from the negligence of the mover or its employees or agents.(Florida Statue 507.04)
The premium that you pay for a Florida Household Moving Services Performance Bond is dependent on credit.
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