Personal Representative Bond

Obtain personal representative bond

What is a personal representative bond?

A personal representative bond is also referred to as an estate bond, fiduciary bond, probate bond, administrative bond or executor bond.  This bond is required by a court and protects the interests of the estate and its beneficiaries in accordance with state law.

Colonial Surety’s Personal Representative Bond application is titled “Estate Bond application”.

Who needs this bond?

 A person appointed as an administrator, personal representative, or executor.

What is the amount of the bond?

 The amount of the personal representative bond may vary from state to state.

What is the process to obtain a personal representative bond?

 Colonial offers the direct and digital way to obtain a personal representative bond. We are the insurance company — which means no agent, no broker, and no middleman. We make it easy to obtain your bond instantly. The steps are easy — get a quote online, fill out your information, and enter your payment method. Print or e-file the bond from your home or office. It’s that simple!

What does a personal representative bond cost?

 A personal representative bond is reasonably priced and easy to obtain. You may notice that with other insurance agents and middlemen companies, your premium rate will fluctuate and include additional hidden fees and costs.  Colonial offers our lowest possible rate. Premium is based on the amount of the bond required by the applicable court.

Does it matter where I get the bond?

 It is important to understand how surety bonds work, and who is the insurance company issuing your bonds. It is easy to obtain a personal representative bond when you deal direct with a quality insurance company licensed to write surety bonds. Colonial is an A (Excellent) rated insurance company by A.M. Best, that has been incorporated since 1930. We are Treasury listed, and licensed and admitted in all U.S. states and territories.