New London Excavation Permit Bond
Who needs an excavation permit bond in New London, Connecticut?
All contractors who excavate in the roadway or city right-of-way must obtain a permit and post a $10,000 permit bond. Additionally, these contractors must provide the following:
- An insurance certificate for the following:
- Bodily injury liability insurance, including wrongful death
- Property damage insurance: $1,000,000 each occurrence, $2,000,000 aggregate
- Products or completed operations insurance: $1,000,000 each occurrence, $2,000,000 aggregate
- Special risk insurance covering underground explosion and collapse hazard: $1,000,000
- Automobile liability insurance: $1,000,000 combined single limit for each accident
- Workers’ compensation insurance and employer’s liability insurance
- Payment for the permit fee of $50 per excavation site less than 50 square feet. Over 50 square feet, $1 per square foot.
- Request for an inspection
The City of New London provides complete excavation permit requirements.
If you’re unsure if this bond applies to you, call us at (888) 435-4191 and one of our agents will be more than happy to help. Or check out our page on Connecticut contractor license bonds for state-specific information.
Get Your New London Contractor Bond:
Apply for Your Contractor Bond in New London, CT
ZipBonds offers the fastest and most secure option for getting bonded. Our all-digital platform is intuitive and straightforward. Apply online, email support@zipbonds.com or call (888) 435-4191 to speak with an agent directly.
About ZipBonds.com
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.