Who needs a contractor bond in Lake County?
Lake County requires all contractors to post a $5,000 permit bond as part of the licensing process. Your bond must be recorded in the Lake County Recorders Office. To obtain a contractor’s license in Lake County, you must complete the following steps:
- Fill out the application.
- Attach two 2” x 2” colored passport photos.
- On each of your two endorsements, notary seals must be affixed.
- Include your recorded certificate of insurance and recorded contractor bond in your application packet.
- Submit the complete application with a check or money order for $300 to the Lake County Plan Commission.
- Complete the required examinations. You will need a grade of 76% or higher to pass. You’ll qualify for your contractor’s license if you pass your exam.
Need to purchase or renew your bond ASAP? Call (888) 435-4191, and we’ll get you bonded in a zip!
Get Your Lake County Contractor License Bond:
How does a contractor license bond work?
A contractor license bond protects a contractor’s clients from damages due to insufficient work. The bond guarantees that contractors will meet all applicable regulations and codes of the obligee (Lake County). If a contractor breaks the bond agreement in any way, clients have the right to file a claim to receive compensation.
To obtain a contractor bond in Lake County, you’ll pay a premium, a small percentage of the full bond amount. ZipBonds can often issue bonds quickly at a typical premium of $100.
Apply for Your Contractor Bond in Lake County, IN
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.