call us: 877.514.5146

Seller of Travel Bonds

Complete Guide to Bonding a Travel Agency

  • 99% of Travel Agents Approved!
  • 100% Secure Online Application
  • Lowest Rates for Travel Agencies
  • Exclusive Bad Credit Program

seller-of-travel-bond.jpg

How Do I Get My Bond?

Start Your Application
Fill out the online application form

Receive Your Free Quote
You will be sent your quote in minutes

Buy Your Surety Bond
We offer secure payment options

What is a Seller of Travel Surety Bond?

Seller of Travel Bonds must be obtained by travel agents in order to guarantee that any funds they collect through travel bookings are properly transferred to the appropriate individuals or entities. These bonds exist to provide protection to consumers from fraud, misrepresentation, financial failure or any breach of contract by a bonded travel agent. Bond claims can arise in the event that funds are not sent by the seller of travel in accordance with state regulations.

Also known as “Travel Agency Bonds”, these bonds are required by many states in order to legally operate as a licensed seller of travel.

Questions about Seller of Travel Bonds

How much does a Seller of Travel Bond cost?

Bond quotes for seller of travel bonds are offered as a percentage of the total bond amount. They are paid for upfront on an annual basis, with an option to renew bond coverage each year. Due to the fact that these bonds are a form of financial guarantee, many bonding companies approach them more cautiously than other compliance bonds.

Applicants with industry experience and strong personal credit can be approved at standard market rates ranging between 1 to 3% of the bond amount.

For customers with no experience or bad credit, rates are usually a little higher to account for the risk. Fortunately, Lance Surety offers exclusive bad credit programs that allow us to offer very aggressive rates, which at times can be roughly half of what most other bond agencies are able to offer.

How do I get a Travel Agency Bond?

First, simply apply for one. You can receive a free quote in just minutes by applying on our 100% secure website application. Once you’ve been approved, you’ll just need to pay your bond premium and provide a signed copy of the surety’s indemnity agreement, which will be emailed to you with your quote. When the original bond is mailed to you, you’ll just need to sign it and then submit it to the state department requiring you to be bonded. It’s that simple!

Can I get a Seller of Travel Bond with bad credit?

With our agency, Yes! While our standard market rates are very low, our competitive advantage is being able to bond almost any travel agent, with very few exceptions. While bad credit rates are naturally higher than for those with stellar credit, Lance Surety has exclusive high risk programs that will help save you money.

To learn more about our about how we can save you money, view our section on Bad Credit Bond Programs.

How do travel agents avoid bond claims?

As a bonded seller of travel, you are responsible for correctly distributing any funds received in the process of booking vacation packages and other forms of travel. To avoid bond claims, take action to ensure booking funds are paid to the appropriate entities in a timely fashion. Additionally, you’re responsible for understanding state statutes and regulations governing the sale of travel, and must avoid misrepresentation or other fraudulent practices.

How can I lower my Seller of Travel Bond rate?

Seller of Travel Bonds are typically underwritten based solely on the personal credit of the owner. However, if you have bad credit, it may be possible for you to help lower your bond rate by providing additional information. One method would be to demonstrate your industry experience by submitting a professional resume. Another would be to demonstrate financial strength and liquidity by providing personal and business financial statements, or proof of cash on hand.

What states require travel agents to get bonded?

Seller of Travel Bonds are not currently required by all 50 states. The most common travel agency bond applications we see are for California, Florida, Iowa, Illinois, Virginia and Washington State. The federal Airline Reporting Commission (ARC) also has a bond requirement for travel agents, however ARC Bonds have a much higher loss ratio and are underwritten more strictly than traditional seller of travel bonds.

START YOUR APPLICATION It's FREE. No Obligations. Approval in Minutes.

Find Your Surety Bond

  • California
    Seller of Travel Surety Bond
    Dept. of Justice, Seller of Travel Program
  • California
    Seller of Travel Discount Programs Bond
    Secretary Of State
  • Florida
    Seller of Travel
    Agriculture and Consumer Service State of Florida
  • Illinois
    Seller of Travel Bond
    State of Illinois
  • Iowa
    TRAVEL AGENCY BOND FORM
    Secretary of State
  • Virginia
    Travel Club
    VA Dept. of Agriculture and Consumer Svcs, Office
  • Washington
    Seller of Travel Surety
    Washington Department of Licensing

Still Have Questions? Check Our FAQ Pages

What Our Clients Have To Say?

Kimberlee Ables
Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!
Andrew Poincot
Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!
Margie Martinez
We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!