In Ohio, a Lost Instrument Bond is needed if you own a valuable instrument or 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. The financial institution may also request that you complete an Affidavit of Lost Instrument.
The most common types of lost instruments are preferred stock certificates, certified checks, money orders, and cashier’s 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 cost of the premium that you pay depends on the bond needed (open or fixed penalty) and the value of the lost instrument. Fixed and open penalty bonds start as low as 1.5% for good credit. SuretyGroup.com offers no-obligation quotes.
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.
For a downloadable application