AmeriPro Surety Bonds offers surety bonds for Utah issued lost instruments, including:
AmeriPro Surety Bonds provides information, mainly, on lost cashier’s checks.
We also provide the other Utah lost instrument bonds as well, as referenced above.
A cashier’s check is a great thing to have.
When you deposit a cashier check, particularly if it is a larger amount, there’s no hold time; the check “clears” your banking institution immediately.
In fact, cashier’s checks are a sort of “hybrid” between our personal checks and “greenbacks”:
You may have already visited or called a banking institution to inform them that you have a lost cashier’s check (or, one may be stolen, as the case may be), and you’re wondering how to replace it.
The banking institution informed you that in order for them to re-issue another cashier’s check, they first require a lost cashier’s check bond.
The purpose of the lost cashier’s check bond is:
The bank issuing – and replacing – the lost cashier check may require a waiting time before they will accept a replacement bond.
The premium for a Utah lost cashier’s check bond is usually 2% of the amount of the check.
For example, a $10,000 Utah lost cashier’s check bond may have a premium as low as $200.00.
Once issued, however, bear in mind, that should two checks be paid --
Although the surety company will cover the loss, it will be the legal obligation of the purchaser to repay the surety company for all costs involved.
The bond, when purchased, is paid for once, but is active for 5 years.
As mentioned at the beginning of this page, AmeriPro Surety Bonds also helps customers obtain other lost instrument bonds.
For example, a Utah lost deed of trust bond may be required for someone who sells their home which they own outright and for which they cannot locate the title to the home.
For vehicles, our agency provides customers with the required Utah defective title bond.
AmeriPro Surety Bonds provides fiduciary bonds – such as discussed here, license and permit, contractor and court bonds throughout Utah.
We also provide lost instruments bonds in all 50 states.