Bonds We Offer
Court Surety Bonds
The Problem
SURETY BONDS FEEL LIKE ONE MORE BURDEN AND HASSLE
When a surety bond stands between you and closing the loop for licensing or permitting, you want it fast. But, you also want it at a fair price. At Cornerstone, we strive to give you both. Plus, you get a customer experience that’s the best in the industry.
Our Bond Offerings
Court Bonds
Court bonds are a type of surety bond that are sometimes required by courts in various legal proceedings. They ensure that an individual or organization will fulfill the duties assigned by the court. The bonds listed below represent just a few of the specific bonds that are included in this class of surety bonds.
Appeal Bond
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Appeal Bonds, also sometimes referred to as Supersedeas Bonds, are a type of court bond. If the Defendant appeals a judgment, an Appeal bond guarantees that the Plaintiff will be made whole if the appeal is unsuccessful. The bond amount is based on the amount of the judgment, and the premium is a small percentage of the overall amount of the bond. These are generally considered higher risk bonds due to the relatively high likelihood of claims on the bond, so the appealing party will need to be able to demonstrate sufficient financial strength during the underwriting process or be willing to provide collateral.
Replevin Bond
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Replevin Bonds are a type of court bond that protects the defendant. They guarantee that repossessed property will be returned to the owner should the court rule in favor of the defendant.
Probate Bond
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Probate Bonds, also known as Fiduciary Bonds, are sometimes required by courts to guarantee that the executor of the estate of a recently deceased person will faithfully carry out their responsibilities in managing the estate. They serve as financial protection of the deceased person’s assets.
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