Birmingham Water Works deposit bonds.
From $100.
When the Birmingham Water Works Board asks a commercial or higher-usage customer to secure a water and sewer account, a surety bond can stand in place of a large cash deposit. The bond amount is the deposit the Board set, and your price is 2% of the bond amount, $100 minimum.
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How much does a Birmingham Water Works deposit bond cost?
2% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard utility deposit bond — enter your amount, pay, and deliver the executed bond to the Board. Here is the whole thing:
Apply online
Your business details, the deposit amount the Water Works Board set, and the effective date — that is the application.
Issued on the spot
No credit check up to $15,000.
Deliver to Birmingham Water Works
Submit the executed bond to the Birmingham Water Works Board to satisfy the deposit on your account. Wet-ink originals mailed on request.
What it is and who needs it.
What the utility deposit bond actually does
The Birmingham Water Works Board is the public water utility serving Birmingham and much of the surrounding metro. Like most utilities, it can require a deposit from commercial or higher-risk accounts to secure payment of water and sewer charges before service is established.
A surety bond is an accepted alternative to handing the Board cash you won't see again for years. The bond guarantees the Board that your account charges will be paid — if the account goes unpaid, the Board can recover the outstanding amount against the bond, up to the bond's penal sum.
It is not insurance for you: if the surety pays the Board, you repay the surety. For a business that would otherwise tie up thousands in a cash deposit, the bond keeps that capital working — you pay a small one-time premium, from $100, instead.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
Deliver to Birmingham Water Works. Submit the executed bond to the Birmingham Water Works Board to satisfy the deposit on your account. Wet-ink originals mailed on request.
What sets the price
The premium is 2% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $15,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with the deposit amount the Water Works Board set — the executed bond is generated instantly, ready to deliver.
Start the application →Common questions.
Other Alabama bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Free up your deposit today.
Premiums from $100. Enter the deposit the Board set and deliver the bond the same day.
