Utility deposit bonds

City of Riverside, CA Utility Deposit Bond. 2%, $100 min.

The City of Riverside, CA Utility Deposit Bond costs 2% of the bond amount with BLDAssure. Utilities usually accept this bond in place of a cash deposit on a business account. It guarantees the account's bills are paid, so your cash stays in your business.

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  • A-rated surety carriers
  • Issued through Propeller Bonds
  • See your price before you pay
Your price

2% of the bond amount

Minimum premium$100
Bond amount
From $2002% × $10,000 = $200
Start the application

The starting rate. A credit check and an underwriter's review set your final price, and you see it before you pay.

Price checked on Propeller Bonds' rate sheet, Oct 17, 2026.

How it works

Three steps to your bond.

  1. 01Apply onlineAnswer a few questions about your business. It takes a few minutes.
  2. 02See your pricePropeller Bonds, our surety partner, reviews your application. You see the final price before you pay.
  3. 03File itSign the bond and file it with the agency that asked for it. We help with the filing.
About this bond

What the City of Riverside, CA Utility Deposit Bond is for

Utilities usually accept this bond in place of a cash deposit on a business account. It guarantees the account's bills are paid, so your cash stays in your business.

The bond amount is set by the agency, utility or fund that asks for it. If the bond holder doesn't meet their obligations, a valid claim is paid up to that amount, and the bond holder repays the surety.

What the price depends on

The starting rate. A credit check and an underwriter's review set your final price, and you see it before you pay.

FAQs

Common questions.

How much does the City of Riverside, CA Utility Deposit Bond cost?

2% of the bond amount, with a $100 minimum. The agency that asks for the bond sets the amount; use the calculator above to see your price. The starting rate. A credit check and an underwriter's review set your final price, and you see it before you pay.

Do I pay the full bond amount?

No. You pay the premium shown above. The bond amount is the most the surety would pay on a valid claim, and you'd repay the surety for any claim it pays.

Is there a credit check?

Yes. The surety runs a credit check, which can change your rate. You see the final price before you pay.

How fast is it issued?

As soon as the surety has reviewed your application and you've paid. You see the final price before you pay.

Who issues the bond?

Propeller Bonds, our surety partner, issues it with A-rated carriers. BLDAssure handles your application and service.

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Get your City of Riverside, CA Utility Deposit Bond today.

2%, $100 min. Apply online in a few minutes.

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Your price 2% of the bond amountApply now

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