Iowa Out-of-State Contractor Bond
Who needs an out-of-state contractor bond in Iowa?
Contractors living out of state but wanting to work in Iowa must file a $25,000 surety bond as part of the license registration or renewal process. Questions about this bond can be directed to the Iowa Division of Labor:
- contractor.registration@iwd.iowa.gov
- (515) 242-5871
Don’t hesitate to call ZipBonds at (888) 435-4191 for help. We’d be more than happy to walk you through the process of acquiring your out-of-state bond. You can also check out our page on contractor license bonds in Iowa for information regarding in-state contractors.
Get Your Iowa Out-of-State Contractor Bond:
How does an out-of-state contractor bond work?
A contractor license bond protects a contractor’s clients from damages due to unsatisfactory performance or incomplete work. The bond guarantees that contractors meet all applicable regulations and codes of the obligee (the State of Iowa). If a contractor fails to meet the conditions of the bond agreement, an injured party may file a claim to receive compensation.
To obtain your out-of-state contractor bond in Iowa, you’ll pay a premium – a small percentage of the total bond amount. ZipBonds can often issue these bonds instantly at a typical premium of $500.
Frequently Asked Questions
How do I avoid claims on my bond?
The best way to avoid claims is to work professionally and efficiently. Try to address any complaints immediately and to your client’s satisfaction. Doing so can help you avoid costly claims.
Can I get bonded with bad credit?
Yes! Many contractor license bonds don’t require a credit check at all. For those that do, ZipBonds can usually get you bonded even with poor credit.
Apply for Your Iowa Out-of-State Contractor Bond
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.