Nov. 15, 2012
-- DBL Surety continues to lead the way when placing Florida's Financially Responsible Officer Surety Bond
or FRO Bond
. If you're opening up a new construction company or seeking to pass the financial responsibility obligation to someone else then chances are you've seen this surety bond.
The Financially Responsible Officer Surety Bond
or FRO Bond
is required of individuals who would like to assume the financial responsibility obligation for a construction firm. The State of Florida has set the surety bond amount to $100,000 unless you are grandfathered in under the former $50,000 requirement. However, your Financially Responsible Officer Surety Bond
must have been place prior to February 1st, 2007 in order to qualify for the $50,000 amount.
DBL Surety has access to multiple surety bond companies which offer very competitive rates for the FRO Surety Bond
. Although the standard rate is 2%, lower rates are available for well qualified applicants. We also offer Financially Responsible Officer or FRO surety bonding solutions for those individuals with bad or challenged credit! Most surety bond applications are approved and issued the same day.
Please download our application by visiting http://www.dblsurety.com/ckfinder/userfiles/files/DBL%20S...
if you'd like to get started right away, feel free to visit our Financially Responsible Officer Surety Bond
by visiting our specific page at http://www.dblsurety.com/commercial_bonds/financial_offic...
, or visit our homepage to learn more about DBL Surety and the surety bonds we offer at http://www.dblsurety.com.