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What is a JEA Utility Deposit Bond?
Florida (FL) Utility Deposit Bond – A utility deposit bond is a financial guarantee to pay for services such as electricity, gas and water in the event that the individual or business defaults on their payment. This allows businesses who offer these utilities more money upfront rather than waiting until they have already missed payments before providing them with service.
Do you need a deposit bond for your utility services?
Swiftbonds is the leading provider of deposit bonds in Florida. We offer competitive rates and fast processing times to make it easy for you to get started today.
With our service, we can help ensure that all your needs are met with the best possible pricing and service available. Our team will work hard to find the right solution for you so that you don’t have to worry about anything else but getting back on track with your business!
Why is the JEA Utility Deposit Bond required?
Businesses must purchase a bond to activate their JEA Utilities license or permit. This guarantees that if the business fails to comply with licensing and permit laws, they will be compensated by the surety company for any damages incurred due this negligence. Read a Orange County Utilities Deposit Bond (Florida).
How does a JEA Utility Deposit Bond work?
Getting a JEA Utility Deposit Bond means you agree with the entity requiring it, called the obligee. Your surety company agrees to cover for you in case your clients or public make claims against their contract and need payment from your bond. If there’s ever any problems on either side of this agreement, only then will we get involved so that both parties can be satisfied. Here's a Orlando Utilities Commission Utility Deposit Bond.
How much does a JEA Utility Deposit Bond cost?
JEA Utility Deposit Bond is a type of surety bond that varies in cost and depends on the credit score of the applicant. Sometimes, personal or business financials may be required depending on what surety amount is needed for bonding purposes.
Can I get a JEA Utility Deposit Bond with bad credit?
Swiftbonds offers a wide-range of approvals, regardless of credit history or bad credit. One key factor in our success is that we are able to work with 99% of applicants who have been turned down elsewhere due to their poor financial standing. Our knowledgeable underwriting staff will make sure you get the lowest possible price for your bond no matter what personal circumstances may be preventing you from getting approved for other companies' bonds. Have a Tampa Electric Company (TECO) Utility Deposit Bond.
How to get your JEA Utility Deposit Bond?
Would you like to know the first step in getting your JEA Utility Deposit Bond? It's super easy! Fill out our quick online application and get a no obligation quote today. Our Underwriters will contact you within an hour of submission, or come chat with them on the phone for help applying. Get a Duke Energy Utility Deposit Bond (Florida).