Cost Bond Chart
Name | Description | Link |
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1. Bond Cost | The cost of a surety bond depends on the type of the bond as well as the size of the surety bond. | Extra Information |
2. Typical Cost – Contract Bonds | For most contract bonds, the price starts at three percent (3%) and then goes down based upon the size of the bond and the creditworthiness of the Obligor. If the bond or Obligor is deemed risky, the price can increase. | Extra Information |
3. Cost Bond – Probate Bonds | Most probate bonds are very inexpensive and range from 0.5% to 2% of the assets. Other court bonds can cost more. Sometimes the term “Cost Bond” refers to a bond that deals with litigation costs and not surety bond cost. | Extra Information |
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