A Lost Instrument Bond is required in Virginia if you own a valuable document that has been lost, stolen, unclaimed or destroyed. The bond protects the original issuer from any financial loss as a result of issuing a duplicate.
There are two types of surety bonds for lost instruments. The type of bond is based on the lost instrument value of changing or unchanging.
The most common types of lost instruments are common and preferred stock certificates and municipal and corporate bonds.
Other examples of lost instruments are:
If you live in Virginia and need a Surety Bond as a requirement in replacing one of these important documents, call SuretyGroup.com.
The premium cost that you pay can depend on many factors including bond type and the value of the document. Fixed and open penalty bonds start as low as 1.5% with good credit. Our Surety Bond Specialists can provide you with a no-obligation quote.
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