Utility Bond Guide
Quick & Easy Bond Quote
Why do you need a utility bond?
You are required to get a surety bond for your utilities to protect public or private utility companies. If you do not pay utility bills on time, a claim can be filed on your bond.
Apply, receive a quote online, sign the surety agreements, pay online and then we will ship the bond out.
The utility company will provide their own form. If not, we have generic utility bond forms on file. If you would like to use one of our template forms, it is a good idea to ensure it is acceptable to the utility company prior to purchasing, as bond premiums are "fully earned" for the first year.
Usually, no. The utility company generally wants a bond in place before turning on the utilities.
Yes. Both may require bonds as they protect the utility company from individuals who historically miss payments.
Yes. However, you will need strong personal credit. Apply online and get a bond collateral free.
Surety Bonds do not protect you
The bond is a form of insurance for your clients, which is why many businesses proudly list that they are bonded on their marketing material. However, you will be required to reimburse the bonding company should a claim be paid out.
Fidelity Bonds protect your business
You can protect your business from employee theft and fraud by purchasing a fidelity bond. You can read more in our fidelity bond section.
What's your bond cost?
Bond costs vary by applicant, bond amount, bond type & the agency you choose. You can get a general idea of costs using our Quick Estimate tool to the right or an exact quote instantly online!
Why our rates are so low
When it comes to surety bond insurance, there is safety in numbers. As the largest volume writer in the country, we are able to obtain the lowest rates from the strongest bonding company partners.