Who needs a contractor bond in Indianapolis, Indiana?
The City of Indianapolis requires several types of contractors to obtain license bonds to operate in the city legally.
- General contractor: $10,000 bond
- Heating and cooling contractor: $5,000 bond
- Electrical contractor: $10,000 bond
- Sidewalk contractor: $10,000 bond
- Wrecking Type C contractor: $10,000 bond
- Wrecking Type B contractor: $20,000 bond
- Wrecking Type A contractor: $30,000 bond
Not sure which bond applies to you? Just pick up the phone and call ZipBonds at (888) 435-4191. We’ll be happy to walk you through the application process.
You can also check out our page on contractor license bonds in Indiana for more information.
Get Your Indianapolis Contractor License Bond:
How does a contractor license bond work?
A contractor license bond protects a contractor’s clients from damages due to faulty work. The bond guarantees that contractors follow all applicable regulations and codes of the obligee (The City of Indianapolis). If the contractor breaks the bond agreement, the injured party can file a claim against the bond.
To obtain a contractor bond in Indianapolis, you’ll pay a premium – a small percentage of the full bond amount. ZipBonds can often issue contractor bonds quickly for just $100.
Frequently Asked Questions
Indiana generally leaves bonding requirements to local municipalities. If you meet Indianapolis bond requirements, you are likely ready to start work in the city. Call ZipBonds at (888) 435-4191 to be sure.
Even with poor credit, you can often get bonded with ZipBonds. Some of our bonds don’t even require credit checks. We can approve and issue many contractor license bonds instantly.
Apply for Your Contractor License Bond in Indianapolis, IN
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.