California Southwest Gas Corporation Utility Deposit Bond
Bond Requirements & Flat Rates
| Bond Amount Required | Bond Term | Annual Premium |
| Varies | 1 Year | 2% of the bond amount |
Example: A $10,000 bond costs $200 per year.
- Important: If your utility company requires an original, wet-signed bond, NNA Surety will mail the original bond form directly to you after your purchase.
Commercial businesses new to Southwest Gas Corporation service or have not established a satisfactory payment history with the company within the past 24 months are required to provide financial assurance before service begins. Required by Southwest Gas Corporation, the corporation utility deposit bond may be accepted in lieu of a cash security deposit to guarantee all utility charges and fees are paid.
Cost of a California Southwest Gas Corporation Utility Deposit Bond
The cost of a Southwest Gas Utility Deposit Bond is 2% of the required bond amount. Southwest Gas determines the required bond amount based on your account and service requirements. For example, a $10,000 bond costs $200 per year. Get bonded instantly through NNA Surety's simple online application and download your bond today.
How the California Southwest Gas Corporation Utility Deposit Bond Works
This California bond is a three-party agreement between:
- Principal: Commercial business seeking gas services
- Obligee: Southwest Gas Corporation
- Surety: Bonding company
If your business fails to pay its utility charges, Southwest Gas Corporation can file a claim against the bond to recover outstanding amounts up to the full bond value. You remain financially responsible and must reimburse NNA Surety for any paid claims.
The bond remains in effect for as long as Southwest Gas requires the deposit substitute, and it may be canceled with appropriate written notice.
How to Get Your California Southwest Gas Corporation Utility Deposit Bond
Follow these steps to secure your utility deposit bond from NNA Surety:
- Complete this online application with your business information.
- Get a free quote and pay the premium.
- Receive your bond by email instantly.
- Submit your bond to Southwest Gas Corporation.
Get Your California Southwest Gas Corporation Utility Deposit Bond
NNA Surety helps businesses across California meet Southwest Gas Corporation's bonding requirements quickly and affordably. With more than 60 years of nationwide bonding expertise and competitive premium rates, we issue your bond the same day so you can quickly establish service. Apply now and keep your capital working for your business.