Not in Indiana? Replevin bonds in other states

Indiana replevin bonds.
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Recover personal property that’s being wrongfully held — before the case is decided. Indiana’s replevin process requires a bond in an amount the court fixes, not less than the value of the property. The penal sum tracks the goods, so we underwrite it rather than flat-rate it. A surety specialist reviews your file and returns a quote, usually within one business day.

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Required to recover personal property before judgment under IC 32-35-2-21
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Penal sum is fixed by the court, not less than the value of the property — not a flat-rate figure
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Underwritten on your file; collateral may apply to a large penal sum
Underwrittenvalue sets the amountA-ratedA.M. Best carriers1 daytypical specialist reply
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Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
How it works

Built to get the property moving.

In an Indiana replevin action the bond is the gating step — the court won’t order prejudgment possession until it’s filed. Here is the whole process:

TODAY · 10 MINUTES

Send us the file

Apply online with the complaint or affidavit, a description of the property, and its value. That value drives the penal sum the statute requires — fixed by the court, not less than the value of the goods.

WITHIN 1 BUSINESS DAY

A surety specialist underwrites it

A specialist reviews the file, your financials, and any collateral, then returns a quote. The penal sum is set by the court and the property value — underwriting decides approval and collateral.

ON APPROVAL

Execute & file

Once you bind, we issue the executed bond on the court’s required form with the power of attorney attached, ready to give the court so the order of possession can issue.

About this bond

What it is and who needs it.

Why replevin needs a bond

Replevin (Indiana’s claim-and-delivery action) lets you recover specific personal property — a vehicle, equipment, inventory — that someone is wrongfully holding, before the lawsuit ends.

Because the property changes hands before a judge decides who is right, Indiana requires the party who takes the property to post a bond that protects the other side if the seizure turns out wrong. That is why the penal sum is fixed to the value of the goods.

Unlike some states’ double-value rule, Indiana fixes the bond at an amount the court determines that may not be less than the value of the property. Either way the amount tracks the property, so the surety underwrites the file and may require collateral on a large penal sum.

Indiana StatuteIC 32-35-2-21 governs the plaintiff’s replevin bond. The court may not issue an order for prejudgment possession in the plaintiff’s favor until the plaintiff files a written undertaking, executed by a surety approved by the court, providing that the plaintiff and surety are bound to the defendant in an amount the court fixes — which may not be less than the value of the property as determined by the court — for the value of the property and for any other damages the defendant may suffer if the property has been wrongfully taken from the defendant.

You need this bond if you’re

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A secured lender or lessor recovering a vehicle, equipment, or collateral on a defaulted agreement
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A business reclaiming inventory, machinery, or goods being wrongfully withheld
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An owner of personal property seeking its return before the case is decided
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Counsel for a plaintiff who needs the order of possession and posts the bond the court requires
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A court bond answers to the court and the party its order protects: if the judgment or order the bond secures is not satisfied, that party can claim against it, up to the penal sum the court set.

The surety pays a valid claim after the court rules, and you repay the surety. A court bond is a guarantee of your performance, not insurance for you.

Renewal and term

Term and renewal are set in the underwriter's quote; a court bond usually runs until the case or appeal it secures is resolved.

Keep the bond in force for as long as the obligation behind it runs.

How to file it

Execute & file. Once you bind, we issue the executed bond on the court’s required form with the power of attorney attached, ready to give the court so the order of possession can issue.

What sets the price

Court bonds are underwritten: the premium is quoted from the bond amount the court sets and your financial picture, so there is no flat price to show.

The application takes about ten minutes.

These are the actual underwriting fields — the complaint, the property and its value, your business, and your financials. Submit once and a surety specialist returns a quote, typically within one business day. Free until your bond is issued.

Start the application →
FAQ

Common questions.

What is an Indiana replevin bond?It is the security a plaintiff posts to take personal property before judgment in a replevin (claim-and-delivery) action. Under IC 32-35-2-21, the bond is a written undertaking, with surety approved by the court, binding the plaintiff and surety to the defendant for the value of the property and any damages if the property was wrongfully taken.
How much does it cost?It is underwritten, not flat-rated. The penal sum is fixed by the court and may not be less than the value of the property. A surety specialist reviews your file and any collateral and returns a premium quote, usually within one business day.
Is the Indiana bond double the value of the property?No. Unlike some states that require double the value, IC 32-35-2-21 fixes the bond at an amount the court determines that may not be less than the value of the property. We size and underwrite the bond to whatever amount the court fixes.
What does the bond protect against?It protects the defendant if the property is taken before a judge rules and the taking turns out to be wrongful. Section 32-35-2-21 conditions the bond to pay the value of the property and any other damages the defendant suffers from a wrongful taking.
How fast can the bond be issued?A specialist typically returns a quote within one business day of a complete application. Once you bind and any collateral is in place, the executed bond issues on the court’s form, ready to file so the order of possession can issue.
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.
Related bonds

Other Indiana bonds.

Requirements checked on the carrier’s application, . Page updated .

Recover your property before judgment.

Send us the complaint and the property value and a surety specialist sizes, underwrites, and quotes the bond — typically within one business day. Free until your bond is issued.

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