If you own a valuable document or instrument that has been lost, stolen or destroyed, more than likely then you will need a Lost Instrument Surety Bond. The required bond protects the original issuer from a financial loss that may be a result of issuing a duplicate. Often, the original issuer will also require you to complete a Lost Instrument Affidavit.
A Fixed Penalty Bond is for an instrument or document that keeps the same value as when purchased or acquired, such as a certified check.
An Open Penalty Bond is for an instrument or document that can change in value, such as a stock certificate (common or preferred).
The premium or “cost” for a lost instrument surety bond depends on the amount of the bond needed and if you need a fixed or open penalty bond. Fixed and open penalty bonds start as low as 1.5% with good credit. SuretyGroup.com provides quotes at no cost or obligation. We are here to help.
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