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  1. Bond Guy
    Bond Guy is offline Senior Member
    Join Date
    Oct 2007
    Posts
    179

    Utilities Cash Bond

    I have an insured that is being required by his utility company to either get a bond or place a deposit in cash of $928. The insured is getting ready to move to another location and can not get power to his new location without one of these two things. Do you do this type of bond and if so what is the cost Thanks.
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  2. Surety Queen
    Surety Queen is offline Surety Professional
    Join Date
    Oct 2007
    Posts
    558

    Utility Cash Bonds

    Quote Originally Posted by Bond Guy
    I have an insured that is being required by his utility company to either get a bond or place a deposit in cash of $928. The insured is getting ready to move to another location and can not get power to his new location without one of these two things. Do you do this type of bond and if so what is the cost Thanks.
    Unfortunately, we do not do this type of bond. For $928 I would recommend he post the cash. Utility bonds are very difficult to get - or even find someone to write them. Good luck.
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