Who needs a contractor license bond in Southwick, Massachusetts?
In Southwick, Massachusetts, every contract for construction work that amounts to $2,500 or more requires a surety bond. The bond cost is variable, defined in Section 8-3 of the Southwick Bidding and Contracts Code as a “suitable bond…to the amount of the estimated cost.” This means that the bond amount will likely rise as the cost of work performed increases.
Unsure about your bonding needs? 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 Massachusetts for state-specific information.
Get Your Southwick Contractor License Bond:
How does a contractor license bond work?
A contractor license bond protects clients from damages due to faulty contractor work. The bond guarantees that contractors will meet all applicable regulations and codes of the obligee (Town of Southwick). If a contractor breaks their bond agreement and costs another party money, that party can file a claim to receive compensation for their losses.
To obtain your contractor bond in Southwick, you’ll need to pay a premium (a small percentage of the bond amount). ZipBonds can issue these bonds quickly, at a typical premium of $100.
Frequently Asked Questions
You can typically avoid bond claims if you work professionally and communicate effectively with clients. If a customer brings a complaint to your attention, you should handle it quickly and to the customer’s satisfaction. Doing so can help keep a complaint from turning into a costly claim.
Absolutely. We don’t even need to pull your credit for this bond depending on the required bond amount.
Apply for Your Contractor Bond in Southwick, MA
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.