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Fort Worth water deposit bond.
From $100.

Instead of tying up cash, a customer can post a surety bond in lieu of the deposit the City of Fort Worth Water Department requires to start or hold service. The Water Department sets the amount; premiums are 2% of the bond amount, $100 minimum.

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Accepted by the City of Fort Worth Water Department in place of a cash deposit
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Amount equals the deposit the Water Department set for your account
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From $100 — enter the required amount and see your price at the application
2% of bond amount$100 minimumNo credit check up to $15,000above that, a soft pull at most, never a hard inquiryFastinstant underwriting for most
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 deliver it to the Water Department. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the deposit amount, the location of gas/water service, and the effective date — that is the application.

INSTANTLY

Issued on the spot

No credit check up to $15,000.

SAME DAY

Deliver to the Water Department

Submit the executed bond to the City of Fort Worth Water Department in place of the cash deposit. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the deposit bond actually covers

When the City of Fort Worth Water Department requires a deposit to begin or continue water service — common for commercial accounts or accounts without a payment history — a customer can post a surety bond in lieu of cash. The bond guarantees the water bill up to the deposit amount.

It's a three-party arrangement: you (the principal), the surety carrier, and the City of Fort Worth Water Department (the obligee). If you leave an unpaid balance on your water account, the department can recover against the bond up to the bonded amount.

It frees up your cash — instead of leaving the full deposit on the table, you pay a small premium (from $100) and keep the rest working in your business. If the surety pays a claim, you repay the surety.

City of Fort Worth Water Department depositThe City of Fort Worth Water Department sets the deposit amount required to start or hold service and accepts a surety bond in lieu of a cash deposit; the bond amount is the deposit the department sets for your account, under the city Water Department service rules. We name the City of Fort Worth Water Department as obligee exactly as it requires — confirm your deposit amount with the department.

You need this bond if you are

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A commercial water customer the Fort Worth Water Department asked for a deposit
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Opening a new account without an established payment history
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Freeing up working capital instead of leaving a cash deposit on the table
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A property manager or builder carrying service deposits on multiple meters
After you buy

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

Deliver to the Water Department. Submit the executed bond to the City of Fort Worth Water Department in place of the cash deposit. Wet-ink originals mailed on request.

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 deposit amount the Water Department set — the executed bond is generated instantly, ready to deliver.

Start the application →
FAQ

Common questions.

How much is the Fort Worth water deposit bond?Pricing is 2% of the deposit amount the Fort Worth Water Department set for your account, with a $100 minimum. Enter that figure at the application to see your exact price.
Why post a bond instead of a cash deposit?A cash deposit ties up the full amount with the city. A bond costs a small premium, from $100, and keeps the rest of your cash working in your business, while still guaranteeing the bill to the Water Department.
Is there a credit check?No credit check up to $15,000. Above that, the carrier may run a soft pull, which never affects your score.
What amount should I enter?Use the deposit figure the Fort Worth Water Department set for your account. If you are not sure, ask the department for the deposit amount, or send us the notice and we will confirm.
Where do I deliver it?To the City of Fort Worth Water Department, in place of the cash deposit on your account. We issue the executed bond ready to submit.
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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Price and requirements checked on the carrier’s application, . Page updated .

Fort Worth water deposit bond, issued today.

From $100. Enter the deposit amount and deliver it the same day.

Your premiumfrom $100
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