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City of Fort Myers utility bonds.
From $100.
Instead of tying up a large cash deposit on your City of Fort Myers 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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Three steps to a filed bond.
Here's the whole process once the City tells you the deposit amount:
Apply online
Enter the deposit amount the City of Fort Myers requires and your account details. At the standard amounts the application collects no credit information.
Pay & e-sign
Utility deposit bonds are among the thousands of bond types that issue right after purchase.
File with the City
Your executed bond and power of attorney arrive by email, ready to file with City of Fort Myers Utility Billing. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
A City of Fort Myers utility deposit bond is a payment guarantee that stands in for a cash deposit. The City wants security that your water and sewer 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 Fort Myers (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.
You need this bond if you're
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 →Common questions.
Other Florida bonds.
Keep your cash, bond the deposit.
From $100. Free until issued.