What is the purpose of a Florida Game Promotion Bond?
The Florida Game Promotion Bond is also referred to as a games of chance surety bond. The bond is required by the Florida Department of Agriculture and Consumer Services. It is an option for every operator of a game promotion with a total announced value of prizes greater than $5,000.
A game promotion is defines as a contest, game of chance, sweepstakes or gift enterprise conducted by an operator within or throughout the state and other states in connection with the sale of consumer products and where there are chances of getting a prize. For games higher than $5,000, the operator must file seven days before the start of promotion. They must submit a completed application and payment of $100 for the filing fee. They must also show proof of financial security through either a trust account or a surety bond.
How do I obtain a Florida Game Promotion Bond?
Surety Solutions Insurance Services Inc was established in 2003. Although our headquarters are located in California, we are actually licensed in all 50 states. We have also partnered with several surety markets to ensure that we would only offer the best rates for all our clients. Our application processing time is also very fast, with some applications taking just a business day to get approved!
If you wish to get this surety bond from us, please fill out and submit an online application form. You will then be contacted by our licensed agents who will give a no-obligation quote for your bond. If you find the price to your satisfaction, just pay the said amount and sign all the paperwork. We will then send the surety bond through USPS Priority Mail or overnight delivery.
With an A+ rating from the Better Business Bureau, you can only expect the best service from us here at Surety1.