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Leesburg utility deposit bonds.
From $100.

The City of Leesburg lets a customer post a utility deposit bond instead of tying up cash as a deposit for water, electric, or sewer service. The bond guarantees your utility charges, and the premium is 2% of the bond amount, $100 minimum, far cheaper than locking up the full deposit. At the standard amounts the application collects no credit information.

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Posted in place of a City of Leesburg cash utility deposit for water, electric, or sewer
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Guarantees the utility charges you owe the city
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2% of the bond amount, $100 minimum — pay a fraction of the deposit instead of locking up the full amount
2% of amount$100 minimumInstantapproval for mostNo credit reviewat standard amounts
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. One sitting.

No underwriting queue for the standard utility deposit bond — enter your amount, pay, and file with the city. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the deposit amount the city required, and the address of utility services — at the standard amounts, that is the entire application.

INSTANTLY

Issued on the spot

At the standard amounts most applications need no credit review — the executed bond is generated as soon as you pay.

SAME DAY

File with Leesburg

Submit the executed bond to City of Leesburg utility customer service in place of your cash deposit. Wet-ink originals mailed whenever the city insists.

About this bond

What it is and who needs it.

What the Leesburg utility deposit bond covers

The City of Leesburg runs its own utilities — water, electric, and wastewater — and asks new or commercial customers for a deposit to secure their account. Rather than tie up cash, the city lets you post a utility deposit bond in the same amount.

The bond guarantees the utility charges you owe the city. If you stop paying and close the account with a balance, the city can recover the unpaid charges against the bond instead of holding your cash deposit.

The amount equals the deposit the city set for your service. A surety bond is usually cheaper than the cash deposit — you pay a price from $100 rather than locking up the full amount. If the city calls the bond and the surety pays, you repay the surety.

City of Leesburg utility depositThe City of Leesburg accepts a surety bond in place of a cash utility deposit to secure a water, electric, or wastewater account; the bond amount equals the deposit set by City of Leesburg utility customer service for your account. Confirm the required deposit amount with the city.

You need this bond if you are

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A commercial utility customer the City of Leesburg asked for a deposit
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A developer or builder setting up utility service for a project
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Opening a new account and preferring a bond over a cash deposit
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Replacing a cash deposit to free up working capital

One application, issued on the spot.

Submit the application with the deposit amount the city set — the executed bond is generated instantly, ready to file.

Start the application →
FAQ

Common questions.

How much is the Leesburg utility deposit bond?The premium is 2% of the bond amount, $100 minimum. The amount equals the deposit the City of Leesburg required for your utility account. Enter that figure and the quote updates.
Why use a bond instead of a cash deposit?A surety bond is usually far cheaper than the cash deposit — the premium is 2% of the bond amount, $100 minimum, rather than locking up the full amount with the city. The bond satisfies the same deposit requirement.
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.
What amount should I enter?Use the deposit amount the City of Leesburg set for your utility service. If you are not sure, ask utility customer service and we’ll issue at that amount.
When does it renew?The bond stays in force as long as the city requires the deposit. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out.
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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Leesburg utility deposit bond, issued today.

From $100. Post the bond instead of the cash deposit.

Start application
Your premiumfrom $100
Apply now →