Indiana law requires a member of law enforcement to have an official order of possession or writ of execution before repossessing property. The state also mandates a plaintiff to protect law enforcement in this action with an Indemnity Sheriff bond Indiana. Without this surety bond, an Indiana sheriff’s department would be vulnerable to a lawsuit from the defendant claiming wrongful seizure of property.
While law enforcement has the legal authority to repossess property, this authority does not protect them from all lawsuits. Plaintiff’s posting an Indemnity Sheriff bond prevents the agency from being financially liable for the repossession. An example of this would be a defendant having their car repossessed and then proving the plaintiff had no right to take possession. Indemnity Sheriff bonds won’t help the agency if they repossess the wrong vehicle.
On average, the cost of Indemnity Sheriff bond is based on the value of the property. The Indiana court may also include court fees. Jurisco deals with these surety bonds frequently. We can answer any question you may have about the Indemnity Sheriff bond, plaintiff bond cost and Indiana bond mandates. Contact Jurisco via email us or by calling 1-800-274-2663.