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What a District of Columbia Lost Instrument Bond Can Do

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

If you own an instrument of financial value that has been lost, destroyed, or stolen, then most likely you will need a 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 Bond is for instruments or documents that remain the same value as when first issued.
  • An Open Penalty Bond is for instruments or documents that can change in value over a period of time.

  • The most common types of lost instruments are common and preferred stock certificates. Other examples of lost instruments include: checks, money orders, 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.

    What Is the Cost of the Bond?

    The premium/cost that you pay depends on the bond type needed and the value of the document. Let our Surety Bond Specialists provide you with a free, no-obligation quote.

    Give Us a Try First

    Phone: 1‑844‑432‑6637
    Fax:     404-351-3237
    Hours: 8:00-5:00 CST, Monday through Friday

    SuretyGroup.com is an online surety agency that has been in business for over 35 years. Our staff is specialized in the surety industry and can help you get the bond that you need.