Detroit Contractor License Bonds
Who needs a contractor license bond in Detroit, Michigan?
The City of Detroit requires wrecking contractors to post a $50,000 surety bond. You must complete and submit a wrecking license application and supporting documentation to be approved for work in the city. Be sure to submit the following:
- A certificate of liability and surety bond
- Completed Wrecking Contractor License/Registration package
- Applicable fees
Need help? Give ZipBonds a call at (888) 435-4191 and we’ll be glad to walk you through the bonding process. You can also check out our page on contractor license bonds in Michigan for state-specific information.
Get Your Detroit 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 ensures that contractors meet all applicable regulations and codes of the obligee (the City of Detroit). If the contractor fails to follow the bond agreement fully, clients can file a claim for compensation.
To obtain your contractor bond in Detroit, you’ll pay a premium, a percentage of the bond amount. ZipBonds can often issue bonds quickly, at a typical rate of $100.
Frequently Asked Questions
You can usually avoid claims by working professionally and communicating effectively with clients. Any complaints should be handled efficiently and to the client’s satisfaction. Doing so can help keep a complaint from becoming a more costly claim.
Absolutely. No credit check is required for this bond.
Apply for Your Contractor Bond in Detroit, MI
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.