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Tallahassee utility deposit bonds.
From $100.
The City of Tallahassee lets utility customers post a surety bond in place of a cash deposit for utility service. The city sets the amount — the premium is 2% of the bond amount, $100 minimum, priced by the figure City of Tallahassee Utilities set.
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Three steps to service.
File with the City. Here is the whole thing:
Apply online
Your business details, the deposit amount the city required, and the effective date.
Approved
Approved as soon as you apply. There is no underwriting queue.
File with City of Tallahassee Utilities
Receive the executed bond ready to file with City of Tallahassee Utilities in place of your cash deposit. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
City of Tallahassee Utilities can require a deposit to secure a utility account. Instead of tying up cash, you post a surety bond the city accepts in its place. The bond is a payment guarantee: it stands behind the utility charges you owe on the account.
It's a three-party arrangement: you (the principal), the surety carrier standing behind you, and the City of Tallahassee (the obligee), as the utility provider being secured. If the account goes unpaid, the city can recover the owed charges against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. The advantage over a cash deposit is that your money stays in your business; pricing is 2% of the deposit amount, $100 minimum — not a credit tier.
You need this bond if you're
One application, issued instantly.
These are the actual underwriting fields. Submit once and your bond is issued when you pay.
Start the application →Common questions.
Other Florida bonds.
Keep your cash. Post the bond.
From $100, short application. Enter your deposit amount to see your exact price and file the same day.