City of Edina – Minnesota Contractor Bonds
Who needs a contractor license bond in Edina?
Mechanical contractors (online form) and plumbing, sewer, and water contractors (online form) in Edina must obtain a surety bond. Mechanical contractors must provide:
- A statewide surety bond (amount determined by the State of Minnesota)
- A certificate of insurance ($100,000/$300,000/$50,000)
- Their Minnesota tax ID number
Plumbing, sewer, and water contractors must provide:
- A state plumbing bond or state water softener bond (amount determined by the State of Minnesota)
- A certificate of insurance ($300,000/$100,000/$50,000)
- A state master plumbing license, pipelayer certificate, or water softening license
- Their Minnesota tax ID number
Need help getting started? Call ZipBonds at (888) 435-4191, and we’ll be happy to assist you with the bonding process.
Get Your Edina Contractor License Bond:
How does a contractor license bond work?
A contractor license bond protects clients from damages resulting from faulty contractor work. The bond ensures that contractors will meet all applicable regulations and codes of the obligee (the City of Edina). If the contractor fails to follow the bond agreement fully, clients can file a claim to receive compensation.
To obtain your contractor bond in Edina, you’ll pay a premium, a small percentage of the bond amount. ZipBonds can often issue bonds quickly at a typical premium of just $100.
Frequently Asked Questions
How do I avoid claims against my bond?
You can usually avoid claims by working professionally and communicating well with clients. Be sure to answer any client complaints as they arise to prevent minor problems from turning into costly claims.
Can I get bonded with poor credit?
Those with poor credit can still obtain the bond they need. For many contractor bonds, we don’t even need to pull credit. We often issue them instantly for just $100.
Apply for Your Contractor Bond in Edina, MN
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.