Iowa – City of Waterloo Right of Way Contractor Bonds
Who needs a contractor bond in Waterloo, Iowa?
The City of Waterloo requires contractors working in a city right of way to obtain a $15,000 bond.
Unsure if this bond applies to you? Give us a call at (888) 435-4191 and we’ll be more than happy to help! You can also check out our page on contractor license bonds in Iowa for state-specific information.
Get Your Waterloo Contractor License Bond:
How does a contractor license bond work?
A contractor license bond protects a contractor’s clients from damages resulting from faulty construction work. The bond guarantees that contractors meet all applicable regulations and codes of the obligee (the City of Waterloo). If the contractor fails to follow the bond agreement, clients can file claims to receive compensation for their losses.
To obtain your Waterloo surety bond, you’ll pay a premium – a small percentage of the full bond amount. ZipBonds can issue many contractor bonds quickly for as low as $100 annually.
Frequently Asked Questions
The state of Iowa typically leaves bonding requirements up to local municipalities. There may be cases where multiple bonds are required. Call ZipBonds at (888) 435-4191 to verify that you have what you need to start work in your area.
Due to the simple underwriting, many contractor license bonds don’t require a credit check. For those that do, ZipBonds can still usually get you bonded.
Apply for Your Contractor Bond in Waterloo, 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.