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District of Columbia Lost Instrument Surety Bond

Closeup of a stock certificate, which is a common Lost Instrument

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If you own an instrument of financial value that has been lost, destroyed, or stolen, then most likely you will need a Lost Instrument Bond to have it replaced. The issuer of the document or instrument usually requires a bond to protect against loss upon the issuing of a duplicate. If the missing document later turns up, it will need to be returned to either the issuer or the surety of the document. Then will be properly be disposed of so as to prevent any future loss.

There are two types of lost instruments that are commonly required:

  • A Fixed Penalty Surety Bond is for instruments or documents that remain the same value as when first issued.
  • An Open Penalty Surety Bond is for instruments or documents that can change in value over a period of time.

    • Types of Lost Instruments:

    The most common types of lost instruments are common and preferred stock certificates. Other examples of lost instruments include checks, money orders, unclaimed property, cashier’s checks, certificates of deposit, and other financial instruments and securities.

    If you live in the District of Columbia and need a Surety Bond as a requirement in replacing one of these important documents, call SuretyGroup.com. We are here to help.

    How Much Will This Bond Cost?

    The premium/cost that you pay depends on the surety bond type needed and the value of the document. Fixed and open penalty bonds start as low as 1.5% for good credit. Let our Surety Bond Specialists provide you with a free, no-obligation quote.

    Related Links:

    District of Columbia Unclaimed Property Search

    More Surety Bond Questions?

    Check out our FAQ page or What’s a Surety Bond? page. Should you need or choose to buy a surety bond, buy from us. SuretyGroup.com has been underwriting surety bonds throughout the U.S. for more than 35 years. When you work with us, you enjoy the unique benefit of dealing with a team of highly experienced surety agents with in-house underwriting authority. This allows you to receive competitive, low rates, quick approvals, and immediate bond delivery. In most cases, your bond will be delivered within 24 hours after you apply for it.

    DownloadApplication

    For a downloadable application