What is a Seller of Travel Surety Bond?
A Seller of Travel Surety Bond is required of any person or entity who offers for sale, directly or indirectly, at wholesale or retail, prearranged travel or tourist-related services for individuals or groups, through vacations or tour packages, or through vacation certificates in exchange for a fee, commission, or other valuable consideration. The Seller of Travel Surety Bond ensures that sellers of travel abide by state-specific statutes which regulate the industry and protect consumers from fraud, misrepresentation, breach of contract, etc.
Which states Require a Seller of Travel Surety Bond?
- California Seller of Travel Bond
- Florida Seller of Travel Bond
- Illinois Seller of Travel Bond
- Iowa Seller of Travel Bond
- Virginia Seller of Travel Bond
- Washington Seller of Travel Bond
Can you place a Seller of Travel Surety Bond if I have bad credit?
Absolutely! DBL Surety has the ability to place a Seller of Travel Bond regardless of your personal credit score. However, bad credit Seller of Travel Bonds are generally more expensive than those bonds placed for individuals with good credit. An applicant with good credit can expect a price ranging from 1-3% of the surety bond amount requested while and individual seeking a bad credit surety bond can expect to pay a price of 4-15% of the surety bond amount needed.
What does a Seller of Travel Surety Bond cost?
Seller of Travel Surety Bonds are relatively inexpensive for travel agents with good credit. Typically the cost of these surety bonds will fall within a $100-$300 depending on the bond size and your personal credit score. For example: A travel agency with good credit can expect to pay $100 for a $10,000 seller of travel bond. However, that same travel agency should expect to pay about $250 for a $25,000 bond. As mentioned above, bad credit travel agent bonds for applicants can be much higher depending on the information contained on the credit report.
How long will it take to receive my Seller of Travel Surety Bond?
Your travel agency surety bond can be released as soon as we receive the signed indemnity agreement and payment of your surety bond premium. All we need is a scanned copy of the signed indemnity agreement and we accept all major credit cards for immediate processing of your bond. Need it tomorrow? No problem. Select our overnight shipping option and receive your travel agency bond the next day!
How do I apply for a Seller of Travel Surety Bond?
- Complete our online Seller of Travel Surety Bond application, or
- Download and complete our printable Seller of Travel Surety Bond application, and
- Receive your surety bond quote in minutes!