Florida construction runs on speed, schedule discipline, and a constant awareness of weather risk. Coastal residential towers, multi-family expansions, hospitality upgrades, and public resilience projects all share one reality. Owners want hard security that still allows contractors to mobilize quickly. Surety bonds sit at the center of that requirement.
The state’s regulatory environment adds nuance. Public works use statutory payment and performance bond rules, while private owners often require bond forms that mirror state concepts but with project-specific risk overlays. On the licensing side, Florida’s Department of Business and Professional Regulation and related boards focus on financial responsibility and stability requirements that can trigger bonding obligations for some applicants.
This guide highlights five widely used options for Florida contractors and project sponsors, blending national carriers with state specialists. It also explains how to avoid the most common submission mistakes, especially for contractors moving into higher-value coastal work or multi-project pipelines.
The list below includes two major national carriers, one large broker platform, and two Florida-anchored agencies with deep local form familiarity. Premiums for contract bonds often fall in a broad range around 0.5% to 3% depending on risk, size, and contractor strength. The more coastal and schedule-sensitive the job, the more your reporting quality matters.
| Provider | Best Fit | What They Are Known For | Indicative Premium Range |
|---|---|---|---|
| The Hartford | Large coastal and mixed-use programs | Program depth for established contractors and complex project portfolios | Often about 1% to 3% |
| Travelers | Multi-family, public works, owner-specific templates | Strong underwriting for customized performance and payment structures | Often about 1% to 3% |
| NFP | Mid-market firms needing multi-carrier access | Broker-led placement across large surety panels | Carrier-dependent |
| Florida Surety Bonds | Florida-focused construction and commercial bonds | Local market knowledge and strong surety partner access | Carrier-dependent |
| The ProSure Group | Contract, license and permit, fidelity and court bonds | State-specific bond search and high-volume issuance model | Carrier-dependent |
The Hartford remains one of the most recognized names for higher-scale construction surety. In Florida, that profile can be attractive for contractors with established financial controls who are executing multi-phase coastal or mixed-use pipelines. The carrier’s program orientation is often a fit for firms that need predictable aggregate limits rather than single-project exceptions.
Home page: https://www.thehartford.com
Travelers is frequently chosen for owner-specific bond templates and public works structures. Florida public projects can involve strict statutory references and notice provisions, while private developers may impose customized default and completion language. Travelers is often a practical option for contractors who can show consistent execution across hurricane-sensitive schedules.
Home page: https://www.travelers.com
NFP is a broker-led route for Florida contractors that want access to multiple carriers without running separate, inconsistent submissions. This can be helpful for mid-market firms balancing private coastal work plus public resilience upgrades. The value is not a single carrier name. It is structured market access tied to a consistent file.
Home page: https://www.nfp.com
Florida Surety Bonds is a state-anchored agency focused heavily on construction and commercial surety. A Florida specialist can be valuable when a contractor wants local form familiarity, fast interpretation of owner requirements, and practical surety market shopping for storm-exposed work.
Home page: https://floridasuretybonds.com/
The ProSure Group is another well-known surety agency with a strong Florida presence. The firm supports contract bonds plus license, permit, court, and fidelity categories. For contractors who need a wide mix of bond types across multiple Florida jurisdictions, this model can simplify the search and application flow.
Home page: https://www.prosuregroup.com/
Public construction in Florida is governed by statutory bond rules that define who is protected, how claims are framed, and how notice timelines work. If you are bidding or executing public work, your bond form should reference the relevant statute and be aligned with the owner’s required template.
Transportation contracts bring another layer. Florida’s Department of Transportation bond framework allows for performance and payment security that can scale with project structure, and it also recognizes alternate forms of security in specific cases.
On the licensing and local permitting side, Florida law authorizes local boards and municipalities to require certain contractor bonds tied to building code compliance, with caps stated in the statute. This is one reason contractors should check each county or municipality early, especially when pulling permits across multiple jurisdictions.
Financial responsibility rules can also trigger bonding where credit thresholds are not met. For some DBPR-related processes, a surety bond or an equivalent letter of credit is an accepted path.
Florida bond outcomes are often decided before an underwriter starts reading the narrative. The structured quality of the file matters. A contractor that presents clean statements, credible backlog detail, and clear storm-risk controls is easier to place, even when project schedules are tight.
Financely maintains a Florida-focused surety database that maps carriers and agencies by bond type, contractor profile, and project scale. We also prepare deal files that align with what underwriters expect for coastal and hurricane-season work.
We structure your package around historical and interim financials, bank references, WIP schedules, backlog detail, key personnel profiles, and owner-specific bond forms. Our goal is to remove ambiguity and shorten decision cycles.
We confirm whether the bond is tied to public statutory requirements, Florida DOT templates, or local permit rules. This reduces bounced submissions and last-minute form disputes.
We introduce you to providers whose appetite matches your real capacity, rather than pushing a generic market blast. This protects your reputation and lowers avoidable declines.
For firms scaling into larger coastal programs, we outline what underwriters commonly want to see over the next cycle to justify higher single and aggregate limits.
Florida is a high-reward construction market with a demanding risk profile. Bonds are not just paperwork. They are a signal of financial health, execution discipline, and owner trust. The right provider mix can keep your pipeline moving even during the busiest coastal seasons.
If you want to reduce delays and improve the odds of fast approvals, start with clean documentation and early form alignment. We can support the process with a Florida-focused database query and a structured deal file review.
Financely supports contractors and project sponsors with surety deal file preparation and targeted introductions through regulated partners where required. We focus on form alignment, credible financial presentation, and matching your project profile to realistic Florida market capacity.
Request A QuoteDisclaimer: This page is for general information only and does not constitute legal, tax, investment, financial, or regulatory advice. Requirements for Florida surety bonds vary by project owner, contract form, public agency rules, and local jurisdiction. Financely is not a surety company. Advisory and placement support is conducted through regulated partners where required. All solutions are subject to eligibility, KYC, AML, sanctions screening, underwriting, and final approval by relevant institutions and counterparties.
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