Recover the property now — the bond answers for it if you’re wrong.
The bond behind recovering property before trial
Replevin lets a plaintiff recover specific personal property that someone else is allegedly holding wrongfully — before the case is decided. The bond protects the defendant in case the plaintiff turns out not to have been entitled to the property.
What a replevin bond guarantees
Posted by the plaintiff seeking pre-judgment recovery of goods (sometimes called “claim and delivery”), the bond guarantees the property will be returned — or its value paid — and that the defendant is compensated for damages if the plaintiff loses. It is common in secured-lender repossession and leased-equipment disputes. In many states the defendant can post a counter-bond to keep the property pending trial.
How the amount is set
The court sets the amount, typically 1.5 to 2 times the value of the property at issue (state-specific). Because the amount is tied to property value rather than a money judgment, underwriting looks at the value of the goods and the plaintiff’s finances. Premium runs at typical court-bond rates.
Frequently Asked Questions
What is a replevin bond used for?
To let a plaintiff recover specific personal property before a case is decided — common in repossession and leased-equipment disputes — while protecting the defendant if the plaintiff wasn’t entitled to the goods.
How is a replevin bond amount set?
By the court, usually 1.5 to 2 times the value of the property at issue (the exact multiple is state-specific).
How do I get a replevin bond through Cory Washington & Co.?
Request a quote or contact our team. We confirm your exact requirement, market your bond across multiple surety companies that compete for it, and handle the filing. Cory Washington & Co. LLC is licensed in all 50 states.
All surety bond descriptions on this website are provided by Cory Washington & Co. LLC strictly for general informational purposes. They are not intended to be, and should not be relied upon as, legal, financial, or bonding advice. Surety bonds are not insurance. Bond requirements — including amounts, obligees, and bond forms — are set by government authorities and other obligees and change over time; the information presented is general in nature and does not guarantee the availability, terms, conditions, or amount of any bond. Actual bond terms are governed by the bond form issued by the surety and the requirements of the obligee, and any bond remains subject to underwriting approval. Nothing on this website creates or implies an agent-client relationship, binds a surety, or issues a bond. Cory Washington & Co. LLC expressly disclaims any liability for actions taken, or not taken, based on the content provided here. For advice regarding your particular situation, please confirm current requirements with the relevant authority and consult directly with a licensed professional at Cory Washington & Co. LLC.