An Injunction Bond is a judicial Bond that is posted when one party institutes an injunction on another party. The injunction Bond seeks to protect the defendant in the case of wrongful injunction. The defendant can make a claim on the Bond for damages, should the issued injunction have no merit. The cost of an injunction Bond is typically 2% of the Bond amount.
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What happens after I apply online for my Surety Bond?
Step #1: A Surety Bond underwriter will immediately review your application, if it has been fully completed.
Step #2: A friendly Surety Bond expert will reach out to you to explain your quote or request additional information.
Step #3: Once you accept your quote and pay any premium due, your Surety Bond will be issued and delivered immediately.