This surety bond is required by the Electric Power Board of Chattanooga. A utility surety bond is requested to guarantee the payment of your utility bills. This type of bond is required by the utility companies to help ensure that they will be paid for usage. It could be required if you have a new service or if you have been past due previously. Because this bond is guaranteeing that you will pay your bill, the surety companies do require a credit check on this bond. The required bond amount varies. To determine the cost of this bond, complete our easy online application.
To Obtain a Tennessee Utility Bond / Chattanooga Electric:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.