Central Arkansas Water deposit bonds.
From $100.
Instead of tying up cash, Central Arkansas Water will accept a surety bond to guarantee your water account. You post a bond for the deposit amount CAW set — typically tied to your estimated average monthly billing — and the premium is 2% of the bond amount, $100 minimum. Your exact price appears at the application.
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How much does a Central Arkansas Water 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 long underwriting queue for a utility deposit bond — enter your amount, pay, and deliver the executed bond to Central Arkansas Water. Here is the whole thing:
Apply online
Your business details, the serviced property address, the deposit amount CAW required, and the effective date — that is the application. Your exact price appears before you pay.
Issued
The executed bond is generated after you pay. Larger deposits may get a quick review, but the standard utility deposit bond moves fast.
Deliver to Central Arkansas Water
Submit the executed bond to CAW to satisfy the deposit and activate or keep your water service. Wet-ink originals mailed on request.
What it is and who needs it.
What the utility deposit bond actually covers
When you open a water account, Central Arkansas Water can ask for a security deposit — a cushion against unpaid bills. A surety bond is an accepted alternative to a cash deposit: instead of leaving hundreds or thousands of dollars sitting with the utility, you post a bond that guarantees the same obligation.
The amount is the deposit CAW set for your account, generally a multiple of your estimated average monthly bill for the serviced property. The bond stands behind your water charges — if the account goes unpaid and is closed, Central Arkansas Water can recover its loss against the bond, up to the bond amount.
It is not insurance for you — if the surety pays CAW on an unpaid account, you repay the surety. For a business that would rather not park a cash deposit with the utility, a one-time premium starting at $100 is the cheaper way to satisfy the requirement.
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 Central Arkansas Water. Submit the executed bond to CAW to satisfy the deposit and activate or keep your water service. 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, then deliver it.
Submit the application with the serviced property address and the deposit amount CAW set — your exact price appears at the application, and the executed bond is generated ready to deliver to the utility.
Start the application →Common questions.
Other Arkansas bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Skip the cash deposit.
Premiums from $100. Enter the deposit Central Arkansas Water set, see your exact price before you pay, and deliver the bond the same day.