Limitation of LiabilityClick Here To Print The Application
A Limitation of Liability is an Admiralty Court bond necessary when the total of the claims filed against the ship exceed's the ships value. The bond amount is set the guarantee payment of judgment and costs is if the defendant loses the case.
that require 100% collateral ***
The more information you provide Bonds Express, the better your chances in getting the lowest available price and a faster approval for your Limitation of Liability.
Applications may be downloaded for completion and may be faxed, emailed, or mailed.
The court order for this Limitation of Liability must accompany the application.
Bonds Express never requires an application fee for the Limitation of Liability. All quotes are 100% free.
Our Free Same Day Quote Procedure
1. Our applications, collateral, and the necessary court documents are all that's usually needed to get you a price for an Limitation of Liability. We don't have a short form that asks you for contact information and bond type only. Unless it is a pre-approved special bond, this type of form usually followed by a call from the surety agency to obtain the balance of the information needed to get the approval.
2. We never require an application fee. All quotes are 100% free.
3. Bond approvals, like loans are based on personal credit, financial strength of the owner, bond amount and type of bond. The more information you provide, the better chance you have of getting the lowest available price and a faster approval.