Ocean County Street Opening Bond
Who needs a street opening bond in Ocean County, New Jersey?
All street opening contractors must apply for a permit and post a surety bond. Ocean County will set the bond amount after it receives a contractor’s permit application and proposed work plans.
Street opening contractors must also provide the following:
- A permit application fee, determined by the class of work performed
- Liability insurance in the following amounts: $300,000 per person; $1,000,000 per accident; $50,000 property damages
- A Certificate of Occupancy
Complete requirements are listed in Chapter 8 of the municipal code.
Need help? You can reach us at (888) 435-4191. Or check out our page on New Jersey contractor license bonds for additional state-specific information.
Get Your Ocean County Street Opening Bond:
Frequently Asked Questions
How long will my bond cover my work?
The initial bond term will often last for the remainder of the calendar year in which you post the bond. You must then renew your bond annually for it to remain active (for the duration of your project).
What if a claim exceeds the bond amount?
The bond amount, also called the penal sum, is the maximum dollar value a client can seek from a bonded contractor. If damages exceed this amount, clients may seek alternative means of compensation.
Apply for Your Contractor Bond in Ocean County, NJ
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.