Eldridge, Iowa Contractor’s Bond
Who needs a contractor bond in Eldridge, Iowa?
The City of Eldridge requires a $10,000 license and permit bond for all general contractors. If you’re unsure if this requirement applies to you, call ZipBonds at (888) 435-4191 to speak with an agent. You can also check out our page on contractor license bonds in Iowa for statewide information.
Get Your Eldridge Contractor License Bond:
How does a contractor license bond work?
A contractor license bond protects clients from damages resulting from a contractor’s faulty work. The bond guarantees that contractors meet all applicable regulations and codes of the obligee (the City of Eldridge). If a contractor breaks any part of the bond agreement, clients can file a claim to receive compensation.
To obtain your contractor bond in Eldridge, you’ll pay a premium, a small percentage of the total bond amount. ZipBonds can issue these bonds quickly, at a typical premium of $100.
Frequently Asked Questions
How do I avoid claims on my bond?
You can typically avoid claims by striving to work professionally and efficiently. If a complaint arises, try to address it immediately and to the client’s satisfaction. These are the best ways to avoid costly claims while conducting business.
Can I get bonded with bad credit?
In many cases, yes. Often, contractor license bonds don’t even require a credit check. For those that do, ZipBonds can usually get you bonded even with poor credit.
Apply for Your Contractor Bond in Eldridge, IA
ZipBonds offers the fastest and most secure option for getting bonded. Our all-digital platform is intuitive and straightforward. Apply online, email support@zipbonds.com or call 888.435.4191 to speak with an agent directly.
About ZipBonds.com
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.