The ProSure Group - Bonding. For A Better Tomorrow.
Apply For Your Bond Now
Contact Us
(800) 480-3883
M-F 8am-5pm EST
The ProSure Group

Injunction Surety Bond

What Is An Injunction?

An injunction is a court order which requires the defendant to refrain from performing an act that would be harmful to the plaintiff’s interests, such as contacting the individual. The plaintiff must allege that the decree is necessary as protection against irreparable damage. At the beginning of the lawsuit, the inappropriate conduct will be ceased because of a preliminary injunction that will be put into place by the court, which will prevent certain conduct and remain in effect during a pending court case. The preliminary injunction may or may not become a permanent injunction that is issued as the final judgment to preserve the conduct permanently.

If the defendant does not abide by the injunction, he or she could face stiff monetary penalties or even imprisonment. In the case where the plaintiff is found to be wrongfully accusing the defendant, the defendant would find protection from the injunction surety bond that the court had required from the plaintiff.

What Is An Injunction Surety Bond?

An injunction bond is a type of court surety bond that will cover any damages that the defendant may sustain if the court rules that the plaintiff’s suit was wrongful. Unlike most plaintiff’s bonds that are entirely voluntary, a plaintiff’s injunction bond is considered involuntary since it may be necessary and court-required. Injunction bonds are considered to be much more hazardous than other types of plaintiff’s bonds because of the large damages that may result from a wrongful or legally improper injunction. To assess the extent of possible liability, the underwriter must obtain a copy of the injunction and its corresponding facts.

Request A Free Quote

No Obligation & Secure

Fill Out The Form Below and
Receive your FREE Quote Today

The cost for an injunction court bond varies depending on the bond amount, the relative facts surrounding the case and the financial strength of the person or entity obtaining the bond. The surety bond amount is set by the court and the court system that is requiring the bond. After a review of the bond underwriting information, the bond rate and the bond premium can be determined. Typically, a plaintiff will pay between one and five percent of the injunction bond amount.

An injunction surety bond is required of the plaintiff by the courts when a plaintiff is seeking a court order for a temporary injunction and then a permanent injunction. This injunction bond is in place to prohibit the defendant from engaging or carrying out a specific act. Before an injunction can be granted, the court requires the plaintiff to post an injunction bond so there is a guarantee that the plaintiff will pay court fees, costs, and damages sustained by the defendant.

Some surety bonds have an obligation to be renewed every year or every two years as part of the licensing requirement. Unlike those bonds that must be renewed, court bonds, such as an injunction bond, are required per case where the plaintiff is requesting an injunction against another party. The bond premium or cost of the bond is charged upfront and then annually until the bond has been released by the court.

Simply fill out our court bond application and provide the court documents to a surety agent with our surety bond agency. Our surety experts at the ProSure Group provide a timely turnaround on this surety injunction bond. With over 100 years of combined expertise in the field of surety bonds, our team is sure to provide you with the best service and most competitive pricing available in the marketplace.

Get A Quote