Who needs a contractor bond in Terre Haute, IN?
The City of Terre Haute requires general contractors (excluding electrical, plumbing, and mechanical work) to post a $10,000 contractor license bond to register with the city. Contractors working in a city right of way must post a $25,000 bond. Your bond must be submitted to the city via the Cityworks online service portal.
You must also submit a Certificate of Insurance and pay a license and registration fee of $350 for the first year and $175 for each renewal.
If you’re unsure how to proceed, call ZipBonds at (888) 435-4191. We’d be happy to walk you through the bonding process. You can also check out our page on contractor license bonds in Indiana for statewide information.
Get Your Terre Haute 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 abide by all applicable regulations and codes of the obligee (the City of Terre Haute). If the contractor breaks any part of the bond agreement, clients can file a claim to receive compensation.
To obtain a contractor bond in Terre Haute, you’ll pay a premium, a small percentage of the full bond amount. ZipBonds can often issue these bonds quickly – at a low premium of $100.
Apply for Your Contractor Bond in Terre Haute, 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.