Who needs a contractor license bond in Desoto County, Mississippi?
The following contractors must obtain licenses and surety bonds to work in Desoto County:
- Building contractor: $10,000 bond
- Electrical contractor: $5,000 bond
- Mechanical contractor: $5,000 bond
- Plumbing contractor: $5,000 bond
The application fee is $25, and the renewal fee is $30 for each application. You may also need a permit, depending on what work you plan to perform.
Unsure which bond applies to you? Call us at (888) 435-4191 to clarify your bonding requirements. You can also check out our page on contractor license bonds in Mississippi for state-specific information.
Get Your Desoto County Contractor Bond:
How does a contractor license bond work?
A contractor license bond ensures that contractors fulfill all their obligations to their clients and follow the standards and regulations set by the obligee (Desoto County). If a contractor’s work is faulty or insufficient, clients can submit a claim to receive compensation for damages. The surety initially pays out approved claims, but contractors must later repay them up to the full bond amount.
You don’t have to pay the full bond to obtain your contractor license bond. Instead, you’ll pay a premium, which is a small percentage of the bond. ZipBonds offers many contractor bonds for just $100 and can issue them instantly – without pulling credit information.
Frequently Asked Questions
Contractors usually only need one contractor bond to obtain a license or permit to work in a specific area. The requirements set forth by your municipality often cover everything you need to work in that city or county. Sometimes, however, you may need a local and state bond. Read your specific municipality requirements carefully to ensure you’re following all standards. If unsure, call ZipBonds at (888) 435-4191. We’re always happy to help!
Typically, a bond is active for one year and must be renewed annually by a specific date. Renew your bond by the date listed on your bond form each year to maintain compliance in your area and remain in good standing.
Apply for Your Contractor Bond in Desoto County, 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.