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Estimate Executor & Administrator Bond Costs Quickly
Probate bonds cost 0.5-2% of estate value · $100 minimum premium
- Who requires it: The probate court. A will can waive the bond in many states, but the court may still require one.
- Amount: Set by the probate court from the estate value.
- Typical cost (estimate): 0.5% to 2% of the estate value per year, with a $100 minimum premium. The surety sets the final price.
- Timing: We submit complete applications to the carrier promptly; most quotes within one business day.
Executor & Administrator Bond Cost Calculator
Fast quotes - Most bonds quoted within one business day
Executor & Administrator Bond Cost Examples
* Minimum premium is $100. Actual rates depend on credit score, estate size, and state probate court requirements.
Executor Bond Calculator FAQ
How much does an executor bond cost?
Executor bonds typically cost 0.5% to 2% of the estate value per year. For example, an estate worth $500,000 would require an annual bond premium of $2,500 to $10,000. Most surety companies have a minimum premium of $100. Your actual rate depends on your credit score and the size of the estate.
What is the difference between an executor bond and an administrator bond?
An executor bond is required when the deceased left a will naming an executor to manage the estate. An administrator bond is required when there is no will (intestate) and the court appoints an administrator. Both bonds serve the same purpose: protecting estate beneficiaries from mismanagement of assets. The cost and underwriting process are identical.
Can an executor bond requirement be waived?
Yes, in many states the will can include language waiving the executor bond requirement. However, the court may still require a bond if beneficiaries request it, if the executor lives out of state, or if there are minor or incapacitated beneficiaries. Administrator bonds are generally required by the court and cannot be waived since there is no will.