Who needs a California Seller of Travel Surety Bond?
A California Seller of Travel Bond or California Travel Agency Bond is required of any seller of travel that has a business location in California or offers to sell travel related services to individuals in California. The State of California defines a seller of travel as a person who sells, provides, furnishes, contracts for, arranges, or advertises that he or she can or may arrange, or has arranged, wholesale or retail air or sea transportation, or land or water transportation over $300.00 either separately or in conjunction with other travel services. The term includes any business entity selling land or water vessel transportation, other than sea carriage, either separately or in conjunction with other travel services if the total charge to the passenger exceeds $300.00. The California Seller of Travel Bond requirement is meant to provide a safeguard to consumers in the event that a seller of travel violates rules and regulations set forth in California Business and Professions Code.
How do I apply for a California Seller of Travel Bond?
- Complete our online California Seller of Travel Bond application, or
- Download and complete our printable California Seller of Travel Bond application, and
- Receive your surety bond quote in minutes!
What bond amount do I need for the California Seller of Travel Surety Bond?
The California Seller of Travel Bond amount varies depending on the highest single day’s balance of customer money which would be held in trust if a trust account existed. This amount should be adjusted as sales increase. However, each seller of travel should contact the State of California to determine the appropriate California Travel Agency Surety Bond amount.
Do you need help getting your CA Seller of Travel License?
The License Company, LLC helps new businesses and individuals get their license. The licensing process can be frustrating and time consuming if you decide to go it alone. Learn more about their license application processing services and how they can help you get licensed!
How much does a California Seller of Travel Bond cost?
The California Travel Agency Bond cost is dependent on the bond amount needed and the personal credit score of the travel agent. Travel agents with excellent credit should expect a rate of 1-3% of the bond amount. This means a $15,000 California Seller of Travel Bond should cost $150-$450 for those applicants. However, the bond cost can increase from 4-15% of the bond amount for agents with bad credit.
How long will it take before I can get approved for my California Travel Agency Bond?
In most cases, DBL Surety can approve and issue your bond the same day we receive your application. Our in-house underwriting authority gives us the ability to quote and approve your bond immediately. Additionally, your bond can be sent via overnight mail so it will arrive the next day!
Helpful California Seller of Travel Links
- Surety Bond Requirement
- California Seller of Travel Application
- California Seller of Travel Program Website
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