Sikeston, Missouri Contractor Bonds
Who needs a contractor license bond in Sikeston, Missouri?
The following contractors must obtain a license and bond through the City of Sikeston:
- General contractors: $5,000 indemnity bond
- Electricians: $2,000 electrical bond
- Plumbers: $2,000 plumber bond
Additional requirements for these contractors include:
- Completing a business license application
- Providing proof of general liability insurance of $100,000,000 combined single limit
- Providing proof of workmen’s compensation insurance of $100,000 per person and $100,000 for each accident on bodily injury liability
- Paying a $50 annual license fee
Sikeston’s website lists full requirements in its business license information section.
Need help? 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 Missouri for state-specific information.
Get Your Sikeston Contractor License Bond:
How does a contractor license bond work?
A contractor license bond ensures contractors fulfill all obligations to their clients. By signing the bond, contractors agree to the standards and regulations of the obligee (City of Sikeston). Clients can file a claim for damages if a contractor’s work doesn’t meet all parts of the agreement. The surety will settle claims upfront, but contractors must repay them in full.
ZipBonds often issues contractor license bonds instantly, with premiums starting at just $100.
Frequently Asked Questions
When do I need to renew my bond?
License bonds typically have one-year terms and must be renewed before they expire. The renewal date will be listed on your bond form.
Will I need multiple license bonds?
Typically, you’ll only need one contractor license bond to operate your business legally. However, there may be some instances where you need both local and state bonds. Read your municipality’s requirements carefully to ensure you’re following all laws and regulations.
Apply for Your Contractor Bond in Sikeston, MO
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.