Who needs contractor bonds in Coal City, Illinois?
Most residential and commercial contractors need a contractor license bond to work in Coal City, Illinois. Local ordinances define a contractor as “any person engaged in the business of constructing, altering, or repairing buildings or other structures or sidewalks or street pavements.” Coal City contractor license bond requirements range from $10,000 to $20,000.
Keep in mind that plumbing and roofing contractors may also need an Illinois contractor license bond to operate legally in the state. Governing entities, or a trusted surety provider like ZipBonds, can provide more information on applicable municipal licensing, permitting, and bonding laws in Coal City, Grundy County, and Illinois.
Get Your Coal City Contractor License Bond:
How do contractor license bonds work?
A contractor license bond provides financial protection for damages that may result from the contractor’s work if it does not follow local building codes and standards. Contractors required to secure a bond in Coal City include the following.
|Swimming Pool/Hot Tub Contractor||$10,000|
|Steel Erection Contractor||$10,000|
|Floor Covering Contractor||$10,000|
|Siding and Gutter Contractor||$10,000|
|Tree Service Contractor||$10,000|
|All other contractors||$10,000|
Building permits will not be issued until contractors are licensed and a surety bond is secured. The local governing authority is the Village of Coal City Building Department, managing all aspects of the built environment.
Generally, bonds are issued for one-year terms and must be renewed annually by the date of issuance. The underwriting for this bond is simple and doesn’t require a credit check. Call ZipBonds at (888) 435-4191 to secure your bond as quickly as possible.
Apply for Your Contractor Bond in Coal City, IL
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.