Who needs a contractor license bond in Corinth, Mississippi?
The City of Corinth licenses the following contractors:
Electrical contractors must obtain a $1,000 surety bond. Gas plumbers must be licensed and post a bond with Corinth Gas & Water (bond amount determined on a case-by-case basis). Residential and commercial builders must also acquire a permit through the City. Contractors in Corinth may also be subject to statewide Mississippi contractor license bond requirements.
Have questions? Call ZipBonds at (888) 435-4191 and one of our agents will be glad to walk you through the bonding process.
Get Your Corinth Contractor License Bond:
How does a contractor license bond work?
A contractor license bond ensures that contractors fulfill all obligations outlined in their contract. The bond agreement holds that contractors will follow the standards and regulations of the obligee (the City of Corinth). Clients can submit a claim for damages if a contractor’s work is faulty or insufficient. The surety pays out approved claims initially, but contractors are ultimately responsible for paying the claim back, up to the full bond amount.
Contractor bond premiums through ZipBonds start at just $100. Due to the simple underwriting, we don’t need to pull credit for these bonds and often issue them instantly.
Frequently Asked Questions
Generally, only one license bond is required of contractors. The requirements stipulated by your municipality usually cover everything you need to work in that city or county. Sometimes, however, both a local and state bond are required. You should read municipality requirements carefully to ensure you’re following all standards.
Most bonds are active for one year and then must be renewed, while others have multi-year options with discounted rates. The renewal deadline is generally set to a specific date each year (e.g., September 1). To avoid extra fees, you must renew your bond by the date listed on the bond form and keep your license current.
Apply for Your Contractor Bond in Corinth, MS
ZipBonds offers the fastest and most secure option for getting bonded. Our all-digital platform is intuitive and straightforward. Apply online, email firstname.lastname@example.org 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.