Administrator BondApply for Administrator Bond now
American Surety Bonds Agency, LLC provides streamlined underwriting and fast results for Administrator Bonds.
What is an Administrator Bond?
When a person passes away and has not left a will, has not named an executor of the will, a will is contested, or there is a dispute among the heirs, a judge will appoint an administrator to handle the legal proceedings of the estate. In many cases, the judge will require the administrator to post an Administrator Bond to guarantee that the estate will be handled lawfully and to prevent any dishonest acts.
Bond amounts and terms are determined by a judge. Bond amounts are usually based upon the worth of the estate.
What are the underwriting guidelines?
Administrator Bonds are underwritten on the following criteria:
- Specifics of the Case
- Bond Obligation
- Bond Amount
- Personal Credit History
- Personal Net Worth
- Personal Assets
- Attorney Involvement
How much does the bond cost?
American Surety Bonds Agency has a number of programs in place for Administrator Bonds. Our 3 tiered programs start at less than 0.5% of the bond amount, minimum premium starts at $100.00 with competitive rates for all applicants.
Contact us today to find out which program you qualify for.
How do I apply for an Administrator Bond?
To apply for an Administrator Bond, simply complete the bond application. Click here to download application our application and e-mail, fax or mail your application back to us to get started. Or, give us a call and we will be happy to get you started.
Apply today, Approved Today!
Who can I contact for more information?
MM, Senior Underwriter