Metro Water Nashville deposit bonds.
From $100.
When Metro Water Services of Nashville & Davidson County requires a deposit or security for water and sewer service, you can post a surety bond in lieu of cash. Metro Water sets the amount; the premium is 2% of the bond amount, $100 minimum, and your exact price appears at the application. Keeps your working capital instead of leaving it on deposit.
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How much does a Metro Water Nashville deposit bond cost?
2% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard water-services bond — enter your amount, pay, and file with Metro Water. Here is the whole thing:
Apply online
Your business details, the amount Metro Water required, and the effective date — that is the application.
Issued on the spot
No credit check up to $15,000. Above $15,000, a soft pull may add a short review.
File with Metro Water Services
Submit the executed bond to Metro Water in place of the cash deposit. Wet-ink originals mailed whenever the department insists on them.
What it is and who needs it.
What the water-services bond actually does
Metro Water Services is the water and sewer utility for the Metropolitan Government of Nashville & Davidson County, Tennessee. Like most utilities, it can require a deposit or security from commercial, industrial, or higher-risk customers as protection against unpaid water and sewer bills.
Rather than leave that cash on deposit, you can post a surety bond for the same amount. The bond guarantees Metro Water that your bills will be paid — if you default, Metro Water can recover the unpaid balance against the bond, up to the penal sum.
It is not insurance for you — if the surety pays Metro Water, you repay the surety. The advantage is cash flow: you pay a premium from $100 instead of tying up the full deposit. Enter the figure Metro Water set — no credit check up to $15,000, and most applications approve instantly.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with Metro Water Services. Submit the executed bond to Metro Water in place of the cash deposit. Wet-ink originals mailed whenever the department insists on them.
What sets the price
The premium is 2% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $15,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with the amount Metro Water set — the executed bond is generated instantly, ready to file in place of cash.
Start the application →Common questions.
Other Tennessee bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Water deposit bond, issued today.
Premium is 2% of the bond amount, $100 minimum. Enter the amount Metro Water required and file the same day.