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What is a Tampa Electric Company (TECO) Utility Deposit Bond?

Florida (FL) Utility Deposit Bond – Tampa Electric Company's surety bonds are like insurance for your electricity, gas and water. In the event of a default to the utility company by you or anyone else who is using their utilities, these bond funds will be used up immediately in order to pay them back so they can continue providing service until things get sorted out with other parties involved.

Are you looking for a new bond?

Swiftbonds is the leading provider of utility deposit bonds in Florida. We offer competitive rates and fast service, so you can get back to your day-to-day business without delay. Our team will work with you to make sure that we find the perfect solution for your needs.

You deserve a company that’s there when you need them most – one who will be by your side every step of the way through this process. That’s why our customer service representatives are always available to answer any questions or concerns that may arise during this process. 

Give us a call today at (913) 214-8344 or fill out our online form and someone will contact you shortly!

Why is the Tampa Electric Company (TECO) Utility Deposit Bond required?

Businesses must purchase a bond to activate their 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. Find a City of Tallahassee, FL Utility Deposit Bond.

How does a Tampa Electric Company (TECO) Utility Deposit Bond work?

Getting a Tampa Electric Company (TECO) 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. See a City of Ocala Utility Services Deposit Bond.

How much does a Tampa Electric Company (TECO) Utility Deposit Bond cost?

Tampa Electric Company (TECO) 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 Tampa Electric Company (TECO) 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. Read a Orange County Utilities Deposit Bond (Florida).

How to get your Tampa Electric Company (TECO) Utility Deposit Bond?

Would you like to know the first step in getting your Tampa Electric Company (TECO) 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. Here's a Orlando Utilities Commission Utility Deposit Bond.