Who needs a contractor bond in Peru, Indiana?
Contractors and subcontractors working in Peru, Indiana, may need contractor license bonds to operate legally. The trades listed in city ordinances include the following:
- General contractors
- Electrical contractors
- Plumbing contractors
- Roofing contractors
- Excavation contractors
- Demolition contractors
Some contractors may require additional bonds to operate their business legally in the local area. Licensing and bonding requirements are set by law at city, county, and state levels.
When securing a Peru contractor license bond, contractors may also need a Miami County contractor bond and an Indiana contractor bond to meet all requirements.
Get Your Peru Contractor License Bond:
How does a contractor license bond work?
If a contractor’s work does not meet building codes and results in damages to structures or injury to persons, the surety ensures a quick settlement up to the total bond amount. A contractor license bond protects the public from unsafe, substandard construction.
The City of Peru Building Department oversees local construction activities. Contractors must work closely with the governing entity, starting with applying for their contractor’s license. The City of Peru requires contractors to secure a $20,000 surety bond during the licensing process. Contractors may only operate in the area with an active license.
If you’re unsure if this bonding requirement applies to you, ZipBonds is here to help! Give us a call at (888) 435-4191, and one of our agents can answer your questions. We’re also happy to walk you through the bonding process over the phone.
Apply for Your Contractor Bond in Peru, 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.