Nonresident Contractor Bonds
Who needs nonresident contractor bonds?
Contractors expanding their service area should be aware of nonresident contractor bonding requirements. Whether acting as sole proprietors or contracting under a consulting firm, you will likely need a nonresident contractor bond to work as a contractor in a state without a license.
Broadly, a contractor is defined as “a person, firm, or corporation in the business or trade of constructing, altering, repairing, or improving properties or structures.” Trades commonly included are general contractors, electrical contractors, plumbing contractors, HVAC contractors, concrete contractors, demolition contractors, and others. Specific state laws will outline precise bonding requirements and information.
Nonresident contractor bonds affect most types of contractors in the states that require them, which include:
In addition to these states, many cities and counties throughout the country have nonresident bonding requirements for contractors.
Get Your Nonresident Contractor Bond:
How do nonresident contractor bonds work?
Government entities must ensure that new contractors follow local and state laws to pay proper taxes, establish worker’s compensation, extend general liability insurance coverage, and other necessary actions. Nonresident contractor license bonds provide greater recourse if construction-related professionals and companies working in the area fail to meet business and industry regulations.
In states requiring nonresident contractor license bonds, performing work without one is illegal. ZipBonds is a trusted surety provider specializing in the construction industry. We understand the many licenses, permits, and bonds required at each level of government. Identify your specific bonding needs by calling (888) 435-4191.
Apply for Your Nonresident Contractor Bond
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.