Who needs a contractor license bond in Aurora, CO?
Contractors in the City of Aurora, Colorado, must obtain the appropriate license to build, construct, alter, repair, add to, demolish, or move any building or structure. Many contractors that need a license through the city must also obtain a $10,000 Aurora contractor license bond.
You can search for your specific licensing requirements on the city’s website. Electricians and plumbers must obtain a state of Colorado master’s or contractor’s license with the Building Division. Aurora doesn’t issue a separate plumbing or electrical contractor license.
Get Your Aurora Contractor License Bond:
How does an Aurora contractor license bond work?
Aurora contractor license bonds ensure that contractors perform their work professionally, following all rules and regulations regarding building codes, taxes, etc. If a contractor breaks any part of the bond agreement, clients that suffer harm or adverse financial effects may file claims.
The $10,000 Aurora contractor license bond is a contract between three parties:
- Principal: The contractor or contracted company
- Obligee: The City of Arvada requiring the bond for work within city limits
- Surety: The organization taking on initial responsibility for incidents that may occur. Contractors must pay back the full amount for approved claims on their bond over time.
Contractors pay an annual premium to obtain a contractor’s license bond. Many pay as little as 1% of the bond amount – or $100. The underwriting process is simple, and bonds are often issued instantly.
Check out our page on contractor license bonds in Colorado for more information.
Apply for a Contractor Bond in Aurora, Colorado
ZipBonds offers the fastest and most secure option for getting bonded. Our all-digital platform is intuitive and straightforward. Apply online, email firstname.lastname@example.org or call 888.435.4191 to speak with an agent directly.
Founders Ryan Swalve and Zach Mefferd formed the vision for ZipBonds.com when they realized how overly complicated it was to help clients place surety. The frustration of being unable to incorporate the technology they’d used in other insurance-focused projects left them thinking “there has to be a better way.”
Fast forward a couple of years, and that better way is the impetus of everything we do at ZipBonds. We constantly look for innovative ways to improve the bonding process for our clients and agents. Our team comprises individuals who understand all angles of surety – for companies, agencies, and individuals. Incorporating everyone’s point of view to improve the process while simultaneously integrating cutting-edge technology is what sets our business apart.