Village of Lake Zurich Contractor Bond
Who needs a contractor bond in Lake Zurich, Illinois?
Many residential and commercial contractors may need a Lake Zurich contractor license bond to operate legally in the city, including the following:
- Roofing contractors
- Electrical contractors
- Plumbing contractors
- Irrigation contractors
- Sewer contractors
- Concrete contractors
- Sign contractors
- Landscape contractors
Local ordinances require a contractor’s license: “Contractors and subcontractors include any person, company or other entity that undertakes construction to any building or structure.” The definition includes construction activities related to driveways, pools, porches, decks, garages, fences, and other structures.
In addition to the Lake Zurich contractor license bond, certain contractors may also need to secure an Illinois contractor license bond.
Get Your Lake Zurich Contractor License Bond:
How does a contractor bond work?
Lake Zurich Bonding Requirements
A contractor license bond is an agreement between a contractor, the municipal government, and a third-party financial institution (surety) that protects the public from damages resulting from faulty construction work. The contractor agrees to follow local building codes and regulations by signing the bond contract.
The Village of Lake Zurich requires a $10,000 surety bond. Before submitting your contractor’s license application, you must secure the bond to include in the application packet. Contact ZipBonds by calling (888) 435-4191 and obtain this bond for as low as $100 a year.
Contractor License Application in Lake Zurich
In addition to the required surety bond, some contractors must provide documentation regarding their credentials when applying for their Lake Zurich contractor license bond.
- Electrical contractors: Must submit a copy of their electrical license
- Roofing contractors: Must submit a copy of their state roofing license
- Plumbing contractors: Must submit a copy of their state registrations
- Irrigation contractors: Must submit a copy of their state registration, Illinois Department of Public Health Irrigation Contractor Registration, and the CCCDI’s name and license
You can find more information about the application process in Lake Zurich on the village’s website.
Apply for Your Contractor Bond in Lake Zurich, IL
ZipBonds offers the fastest and most secure option for getting bonded. Our all-digital platform is intuitive and straightforward. Apply online, email email@example.com 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.