In Arizona, a Lost Instrument Bond is needed if you own a valuable document that has been stolen, lost or destroyed. The bond protects the original issuer from any financial loss as a result of issuing a duplicate, which is then provided to the originating financial institution.
Common Bond Types:Fixed Penalty Bonds are for items whose value remains the same over time.
The most common types of lost instruments are common and preferred stock certificates, money orders and cashier's checks or checks.
Other examples of lost instruments are:
If you need a Surety Bond in Arizona as a requirement in replacing one of these important documents, SuretyGroup.com can help.
The premium/cost that you pay depends on the bond type (open or fixed penalty) and the value of the document. Contact SuretyGroup.com for a free, no-obligation quote.
Contact a Surety Bond Specialist today at:
Hours: 8:00-5:00 CST, Monday through Friday