Who needs a contractor license bond in McComb, Mississippi?
All contractors working in McComb must be licensed either through the Mississippi State Board of Contractors or the state of current residence. Contractors working in city limits must also post a $5,000 surety bond and carry liability insurance.
Not sure where to begin? Call ZipBonds at (888) 435-4191 to speak with one of our agents. You can also check out our page on contractor license bonds in Mississippi for state-specific information.
Get Your McComb Contractor License Bond:
How does a contractor license bond work?
A contractor license bond ensures that contractors will fulfill all obligations to their clients. The bond agreement holds contractors to follow the standards and regulations of the obligee (the City of McComb). Clients can submit a claim for compensation if a contractor’s work is found faulty or insufficient. The surety initially pays out approved claims, but contractors are ultimately responsible for paying claims back in full, up to the 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 only need one license bond generally. However, you should check your local municipality’s requirements to make sure. State and local bonds are required in some locations or for specific projects.
Bonds often have one-year terms. The renewal deadline is typically a specific date each year (e.g., December 31). Remember to renew your bond by the date listed on the bond form and keep your license or permit current to continue operating in your state, city, or county.
Apply for Your Contractor Bond in McComb, MS
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.