Joplin Contractor License Bond – Missouri
Who needs a contractor license bond in Joplin, Mississippi?
Contractors in Joplin must submit a business license application to the Finance Department, along with a $10,000 license and permit bond. Other requirements include the following:
- Obtaining liability insurance of at least $300,000 (combined single limits for bodily injury or property damage)
- Showing proof of workers’ compensation insurance (if there’s more than one employee)
- Paying the business license fee
The Finance Department posts business license fees and contractor requirements.
Need help? Give us a call at (888) 435-4191 and a ZipBonds agent will be more than happy to assist you. You can also check out our page on contractor license bonds in Missouri for state-specific information.
Get Your Joplin Contractor License Bond:
How does a contractor license bond work?
A contractor license bond holds contractors accountable for fulfilling all obligations listed under their work contract. In signing the bond agreement, contractors agree to follow the standards and regulations of the obligee (City of Joplin).
Clients can file a claim for compensation if a contractor’s work is faulty or insufficient. The surety company initially pays out approved claims, but contractors are responsible for paying back the claim up to the bond amount.
ZipBonds issues many contractor license bonds instantly for as little as $100.
Frequently Asked Questions
When do I need to renew my bond?
Bonds often expire annually. You must renew your bond by the date listed on your bond form and keep your license current to continue operating legally as a contractor.
Will I need multiple license bonds?
The requirements dictated by a municipality usually include everything you need to work in that area. In some cases, both a local and a state bond may be necessary. Read municipality requirements carefully to maintain compliance in your area.
Apply for Your Contractor Bond in Joplin, MS
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.