Bond Amount
Based on Court Requirement
Underwriting Criteria
Instant Issue as long as bond amount is less than $1,000
Requiring Entity
County of the Superior Court in which the bond is filed
Who is Required to Secure this Bond
Costs bonds are generally required of any plaintiff who does not maintain an office or if they are a non-resident of the state. The court determines whether the bond is required, as well as the amount.
Why is the Bond Required
The bond is required to cover court fees that are incurred by the plaintiff. These are generally for costs incurred to the clerk of the court.
Who is Protected Under this Bond
The bond is made payable to the court and ensures that all court costs will be paid.
Underwriting Process
These bonds can be Instantly Issued, as long as the bond penalty does not exceed $1000. In order to issue the bond, the following items are required:
- Completed Application
- Court Documentation Indicating Bond Amount
The bond will be released to the applicant once the application and payment for the bond premium have been received.
What you Need to do Once you Have your Bond
The principal must file the bond with the requiring court. The bond will remain on file until the case has been closed by the court. The bond will remain in effect until documentation has been received, indicating that the obligation under the bond has been released.
* Please be advised that the quote you obtain for this bond may include a fee charged and retained by The Bond Exchange.