Who needs a contractor bond in Tippecanoe, IN?
Tippecanoe County requires general contractors to post a $15,000 permit bond. Subcontractors must post a $10,000 bond. Your permit bond must include the following information:
- Tippecanoe County Board of Commissioners listed as the obligee
- A beginning or ending date (unless continuous until canceled)
- Contractor’s signature
After a year, you must renew your bond or submit a Continuation Certificate. You will not receive your contractor’s permit until the Tippecanoe County Building Commission office receives your bond and contact information.
Unsure if these bond requirements apply to you? Call ZipBonds at (888) 435-4191, and we’ll help verify that all your contractor bonding requirements are met. You can also check out our page on contractor license bonds in Indiana for statewide information.
Get Your Tippecanoe Contractor License Bond:
How does a contractor license bond work?
The bond guarantees that contractors meet all applicable regulations and codes of the obligee (Tippecanoe County). If the contractor fails to complete any part of the bond agreement, clients can file a claim to receive compensation for any damages.
To obtain a contractor bond in Tippecanoe, you’ll pay a premium, a percentage of the full bond amount. ZipBonds can issue many contractor bonds quickly – at a typical premium of $100.
Frequently Asked Questions
Indiana generally leaves bonding requirements up to local municipalities. Therefore, if you meet Terre Haute requirements, you usually won’t need an additional statewide bond. In some cases, however, multiple bonds may be required. Call us at (888) 435-4191 to ensure you’re meeting your location’s requirements.
Absolutely! This bond does not require a credit check.
Apply for Your Contractor Bond in Tippecanoe, 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.