Village of Winfield Contractor License Bond
Who needs a contractor bond in Winfield, Illinois?
The Village of Winfield requires a $20,000 surety bond from general contractors and a $10,000 bond from all other contractor types besides plumbers.
If you’re unsure if this bond requirement applies to you, call ZipBonds at (888) 435-4191. One of our agents will be more than happy to help!
The Winfield bond requirements may be in addition to the statewide contractor requirements in Illinois, which state that all licensed plumbing and roofing contractors must post an Illinois contractor license bond. Check out our page on contractor license bonds in Illinois for more information.
Get Your Winfield Contractor License Bond:
How does a contractor license bond work?
Contractor license bonds protect clients from damages resulting from contractor work that fails to meet set standards. The bond guarantees that contractors follow all applicable regulations and codes of the obligee (the Village of Winfield). If the contractor neglects part of the bond agreement, a client can file a claim on the bond to receive compensation for damages.
To obtain a contractor bond in Winfield, you will pay a premium, a small percentage of the full bond amount. ZipBonds can issue contractor bonds quickly, at a typical premium of $100.
Frequently Asked Questions
Can I still get a bond with bad credit?
In most cases, yes. Some contractor license bonds may not even require a credit check. Call ZipBonds at (888) 435-4191 to get bonded as quickly as possible at an affordable rate.
How do I avoid claims on my bond?
The most effective way to avoid bond claims is to perform your work in a professional and efficient manner. If a client has a complaint, try to handle the dispute as quickly as possible and to a client’s satisfaction. By following these guidelines, you will likely avoid claims on your bond.
Apply for Your Contractor Bond in Winfield, IL
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.