Not in Rhode Island? Replevin bonds in other states

Rhode Island replevin bonds.
Quote on review.

Recover personal property that’s being wrongfully held — before the case is decided. Rhode Island’s replevin process requires a bond in double the value of the goods. 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.

✓
Required to replevy personal property under R.I. Gen. Laws § 34-21-4
✓
Penal sum is double the value of the goods to be replevied
✓
Underwritten on your file; collateral may apply to a large penal sum
Underwrittenvalue sets the amountA-ratedA.M. Best carriers1 daytypical specialist reply
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
Price

How much does a Rhode Island replevin bond cost?

It is underwritten. The carrier’s base rate is 1% of the bond amount; the underwriter sets your premium from the amount, your credit and any collateral.

How it works

Built to get the property moving.

In a Rhode Island replevin action the bond is the gating step — the writ isn’t served until the bond is given. 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 — double 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 statute 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 officer so the writ can be served and the property delivered.

In plain English

How a replevin bond works, and what to have ready.

  1. Why the court asks for it

    You are suing to get back property someone else is holding, and you want it back before the case ends. The court requires a bond before it orders the property taken and returned to you.

  2. Who it protects

    The person holding the property. If the court later decides you were not entitled to it, they recover the property or its value, and their damages, up to the bond amount.

  3. If there is a claim

    The surety pays a valid claim after the court rules, and you repay the surety.

Have these ready

  • The complaint and your motion or application for the writ
  • A description of the property and proof of its value, such as an invoice, appraisal or loan papers
  • The bond amount the court or statute requires
  • The court, case number and the parties' names
  • Financial statements, and collateral details for a large amount
  • Your attorney's name and contact details
About this bond

What it is and who needs it.

Why replevin needs a double bond

Replevin (claim-and-delivery) 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, Rhode Island requires the plaintiff to post a bond that protects the defendant if the seizure turns out wrong. That is why the penal sum is double the value of the goods.

The bond is conditioned to prosecute the writ to final judgment, pay any damages and costs, and return the property in like condition if that is the final judgment. The amount tracks the property, so the surety underwrites the file and may require collateral on a large penal sum.

Rhode Island StatuteR.I. Gen. Laws § 34-21-4 requires that before the officer serves a writ of replevin, the plaintiff give bond to the defendant — with sufficient surety or a surety company authorized to do business in this state — in double the value of the goods and chattels to be replevied. The bond is conditioned to prosecute the writ of replevin to final judgment, to pay any damages and costs the defendant recovers, and to return and restore the same goods and chattels in like good order and condition as when taken, in case such shall be the final judgment.

You need this bond if you’re

✓
A secured lender or lessor recovering a vehicle, equipment, or collateral on a defaulted agreement
✓
A business reclaiming inventory, machinery, or goods being wrongfully withheld
✓
An owner of personal property seeking its return before the case is decided
✓
Counsel for a plaintiff who needs the replevin bond posted so the writ can be served
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 officer so the writ can be served and the property delivered.

What sets the price

Court bonds are underwritten. The carrier's base rate for this bond is 1% of the bond amount; the underwriter sets your final premium from the amount the court sets, your credit and any collateral.

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 a Rhode Island replevin bond?It is the security a plaintiff posts to recover personal property before judgment in a replevin action. Under R.I. Gen. Laws § 34-21-4, the bond runs in double the value of the goods and chattels to be replevied, conditioned to prosecute the writ to final judgment, pay damages and costs, and return the property if so ordered.
How much does it cost?It is underwritten, not flat-rated. The penal sum is set by statute and the property value — double the value of the goods. A surety specialist reviews your file and any collateral and returns a premium quote, usually within one business day.
Why is the bond twice the value of the property?Because the property changes hands before a judge rules. Section 34-21-4 sets the bond at double the value of the goods so the defendant is protected if the plaintiff turns out to be wrong and the property must be returned with damages and costs.
When must the bond be in place?Before the writ is served. Under § 34-21-4 the plaintiff gives the bond to the defendant before the officer serves the writ of replevin, and the court may examine the bond and require a sufficient one. We turn the bond around quickly so service isn’t held up.
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 writ can be served.
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 Rhode Island bonds.

Nearby states

The same bond in nearby states.

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.

PricingOn review
Apply now →