Braintree, MA Contractor License Bond
Who needs a contractor bond in Braintree, Massachusetts?
Several contractors performing residential and commercial construction likely need a contractor license bond in Braintree, Massachusetts. Trades may include:
- Electrical contractors
- Gas fitting contractors
- HVAC contractors
- Plumbing contractors
In addition to Braintree contractor license bonds, most construction projects require performance bonds to comply with city ordinances.
To verify the bonding requirements for your state, county, or city, call us at (888) 435-4191. One of our agents would be happy to answer any of your questions and walk you through the bonding process.
Get Your Braintree Contractor Bond:
How does a contractor license bond work?
To secure a Braintree license bond, contractors must comply with municipal building codes. If a contractor’s work results in damages from unlawful actions, an injured party can file a claim for their losses.
The City of Braintree Building Division allows contractors to choose between a bond and general liability insurance on their license application. There are important differences between these two options:
Contractor License Bonds
- Secured through a surety
- An annual cost
- Premium is a fixed rate
- Claims are processed through the surety company, and contractors must repay the surety for claim settlements
General Liability Insurance
- Supplied by an insurance company
- An ongoing cost
- Premium depends on a contractor’s financial and claims history
- Claims are paid through the insurance company, and contractors may face higher premiums after claims are filed
With ZipBonds, Braintree contractor license bonds cost as low as $100 and can be issued instantly. We don’t need to pull credit information to approve your application. Our agents can talk through the benefits of bonding versus insurance to help you choose the best coverage for your business.
Apply for Your Contractor Bond in Braintree, MA
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.