Utility Deposit Bond
Utility Deposit Bonds are used in lieu of placing a cash deposit with a utility company. The bond guarantees that the utility company will be paid. These bonds are often required of new businesses that have not established a track record with the utility. The bond is typically waived by the utility company after a few years of timely payments. The bond can also be required of a company that is having trouble paying their bill in a timely manner. These bonds are typically written at a higher rate because they have already established they have had a problem in paying their bill.
At Nations Surety Insurance Services, we represent many sureties, and therefore, we are able to get the bond for you regardless of your situation. If you have been late or have poor credit, we can still have a market for you.
Just complete the simple, one page application online, and we'll have a quote for you shortly!
If you have any questions, please don't hesitate to contact us.
We look forward to serving you!