A Citrus Dealer Surety Bond regulates dealers of citrus products. The Citrus Dealer Surety Bond ensures that producers of citrus products receive proper accounting and payment for the products they provide.
What is the current market for a Citrus Dealer Surety Bond?
Citrus Dealer Surety Bonds are widely written by multiple surety bond markets. The respective minimum and maximum bond amounts for the Citrus Dealer Surety Bond are $1,000 and $100,000. However, these minimum and maximum amounts vary by state and may differ. The amount of bond needed varies and is dependent on the boxes sold. Terms of approval and premium are largely determined by the financial condition of the citrus dealer's corporate and/or personal net worth, experience, and the needed bond amount.