Right of Way Bond
Right of way bonds guarantee that the person/business (Principal) who obtained a permit will comply with the terms of that permit. Persons who obtain a permit for work that would include installing utilities, turn Lanes, signals, etc. may at times be required by Municipalities and States (Obligee) to have a right of way bond. Ensuring the principal abides by the governing rules and regulations of the Obligee until such time as the work is inspected and released by the Obligee.
As a national bond broker with a full line of commercial surety bonds, Allstar Surety makes applying for a right of way bond easy. We’ll help your insured obtain a right of way bond from us quickly, and at a competitive price.