Surety Bond Cost
What is a Cost Bond?
A Cost Bond is a plaintiff bond that covers court costs when a party attempts to file action within a state without having residence. Not all states require this surety bond however, when they do it normally is under $2,000.
Bond Premiums and Bond Amounts:
Premium is 1% of the bond amount. Minimum of $100.
Bond amount will be set by court order or statute.
List of states
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
Why Is A Cost Bond Required?
Courts require a cost bond to insure the party attempting a legal action will pay litigation expenses and court fees. When the plaintiff filing the action does not have residence in the court’s jurisdiction (i.e. they live in a different state or country) they usually have to post a cost bond.
What Is The Average Amount For A Cost Bond?
The cost bond is normally under $2,000 depending on the state. This amount may be higher due to other circumstances such as bad credit and the type of legal action. After filling out a cost bond application a member of the Jurisco team can give you a price quote.
Jurisco offers competitive rates for Supersedeas Bonds nationwide, fast service and a broad base of knowledge to help clients throughout the United States. We specialize in:
- Providing the best knowledge and service for surety bonds
- Lowest rates on all surety bonds
- Assisting clients to understand their appeal bonds rights and responsibilities
- Fast and accurate service
- Delivering solutions to bad credit applicants
Our application process is as simple as 1, 2, 3. Simply click on the appeal bond application, fill it out, email it to us with the required court documents and it’s done. Through our years of hands on experience, Jurisco understands that efficiency is imperative in the court system. We want you to have what you need, when you need it. Let’s start the process now.
Get in touch with lawyer-trained staff at Jurisco now.
The lawyer-trained staff at Jurisco understands the urgency related to defendant’s bonds and other civil court surety bonds. Other surety bond companies provide paperwork and hassles, while Jurisco specializes in solutions. Contact us by email, phone or fax to discuss your surety bonding needs today.