Who needs a contractor bond in Newton County?
Most contractors and subcontractors working in Newton County, Indiana, need a contractor license bond. Trades included in the local law are:
- General contractors
- Electrical contractors
- Plumbing contractors
- Roofing contractors
- Excavation contractors
- Demolition contractors
City ordinances define contractors as “any person who, in any capacity, other than as the employee of another for wages as the sole compensation, undertakes to construct, alter, repair, move, wreck, or demolish any structure or improvement.”
There are three specific exceptions. Those excluded from needing contractor license bonds are 1) licensed architects, 2) registered/professional engineers, and 3) the owner or occupant of a one or two-family dwelling who alters their own dwelling.
Newton County contractor licenses support professionals in all construction trades. Laws requiring a bond for construction activities are set at the city, county, and state levels. Some contractors may also need to secure an Indiana contractor license bond to operate their business.
Get Your Newton Contractor License Bond:
How does a contractor license bond work?
A contractor license bond is an agreement between the contractor and the municipality (Newton County) to ensure projects meet local building codes and industry standards. The bond provides financial protection if damages result from inadequate work.
A variety of criteria and documents are required to become licensed.
1. Application Form
You must provide the following information to complete the application form:
- Description of the type of work being performed
- Years of service/business
- Identification of all other licenses, registrations, certifications, etc., currently held
- Identification of the names and qualifications of all individuals providing services under this registration
Contractors must submit the following documents to complete the license application:
- Completed application form
- $50 registration fee
- Proof of liability insurance
- Proof of worker’s compensation insurance
- Evidence of a surety bond for $5,000
While licenses are processed through the recorder’s office, all construction activities are overseen by the Newton County Building Department. Generally, licenses and bonds are issued for one-year terms and must be renewed annually. Unless otherwise noted, be prepared to renew your license and bond before the date of issuance the following year.
Because of the simple underwriting, ZipBonds offers many contractor bonds for a $100 premium. No credit history or additional hassle is necessary. Call one of our agents at (888) 435-4191 to get your bond as quickly as possible.
Apply for Your Contractor Bond in Newton, 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.