Who needs contractor bonds in Indianola, Iowa?
The City of Indianola may require a $5,000 or $10,000 contractor license bond for contractors operating in the area. You can find application forms for different types of contractors on the city website.
Unsure about your requirements? Give us a call at (888) 435-4191, and we’ll walk you through the bonding process for your location. You can also check out our page on contractor license bonds in Iowa for state-specific information.
Get Your Indianola Contractor License Bond:
How does a contractor license bond work?
A contractor license bond protects clients and the public from damages due to faulty construction work. The bond guarantees that contractors meet all applicable regulations and codes of the obligee (the City of Indianola). If a contractor fails to follow the conditions of the agreement, the injured party can file a claim to receive compensation.
To obtain your contractor bond in Indianola, you’ll pay a premium – a small percentage of the full bond amount. ZipBonds can often issue bonds quickly at a typical premium of $100.
Frequently Asked Questions
The best way to avoid claims on your bond is by maintaining high quality standards in your business and completing projects on time. Any client complaint should be dealt with quickly and to the client’s satisfaction. Operating professionally and being proactive can often help you avoid costly claims.
In most cases, you can still acquire your needed bond with poor credit. Many contractor license bonds don’t even require a credit check, and ZipBonds can assist you with the bonds that do.
Apply for Your Contractor Bond in Indianola, IA
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.