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City of Clearwater utility bonds.
From $100.

Instead of tying up a large cash deposit on your City of Clearwater utility account, the City accepts a surety bond that guarantees your utility charges. Pricing is 2% of the deposit amount, $100 minimum — your exact price is calculated in the on-page calculator, before you apply. You keep your working capital.

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Accepted by the City of Clearwater in place of a cash utility deposit
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2% of the deposit amount, $100 minimum — your exact price is calculated in the on-page calculator
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At the standard amounts the application collects no credit information — most approve instantly; if a check ever runs, it is a soft pull that never affects your score
A-ratedA.M. Best carriersFastoften same purchase2% + $100 minset by the deposit amount
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
How it works

Three steps to a filed bond.

Here's the whole process once the City tells you the deposit amount:

NOW · ONLINE

Apply online

Enter the deposit amount the City of Clearwater requires and your service address. At the standard amounts the application collects no credit information.

MINUTES, USUALLY

Pay & e-sign

Utility deposit bonds are among the thousands of bond types that issue right after purchase.

SAME DAY

File with the City

Your executed bond and power of attorney arrive by email, ready to file with City of Clearwater Utility Customer Service. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

A City of Clearwater utility deposit bond is a payment guarantee that stands in for a cash deposit. The City wants security that your water, sewer, or reclaimed-water charges will be paid; a surety bond satisfies that requirement without locking up your cash.

It's a three-party arrangement: you (the principal), the surety carrier, and the City of Clearwater (the obligee). If you leave unpaid utility charges, the City can recover against the bond up to its amount.

It is not insurance for you — if the surety pays the City, you repay the surety. Pay your utility bills and the bond is simply a deposit substitute that frees up your cash.

City of Clearwater — utility deposit requirementThe City of Clearwater requires a deposit (or an accepted surety bond in its place) to secure utility service, administered through the City's Utility Customer Service department. The deposit amount is set by the City based on your account — enter that figure on the application, and send it to us if you'd like us to confirm.

You need this bond if you're

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Opening a City of Clearwater utility account that requires a deposit
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A business that wants a bond instead of a large cash deposit
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A commercial account holder the City asked for added security
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Replacing a deposit to free up working capital

One application, issued instantly.

These are the actual issuing fields. Pricing starts from $100 and your exact price is confirmed at application.

Start the application →
FAQ

Common questions.

How much does the City of Clearwater utility deposit bond cost?Pricing is 2% of the deposit amount the City sets for your account, $100 minimum. Your exact price is calculated in the on-page calculator, before you apply.
What bond amount do I enter?Use the deposit amount the City of Clearwater set for your account — that is the penal sum. If unclear, send it to us and we will confirm before you pay.
Is there a credit check?At the standard amounts the application collects no credit information, and most applications approve instantly. Larger bond amounts add a credit-consent step on the form; if a check ever runs, it's a soft pull that never affects your credit score.
Why use a bond instead of cash?A bond costs a small premium and frees up the cash you would otherwise leave on deposit with the City for the life of the account.
How fast can I file it?Utility deposit bonds often issue right after purchase. Your executed bond arrives by email, ready to file.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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