Bexley, Ohio Contractor Bond
Who needs a contractor license bond in Bexley, Ohio?
All contractors working in Bexley must post a $10,000 surety bond. Further requirements for working in the city include:
- Completing the city registration application
- Paying a $125 registration fee
- Obtaining a permit in your field
You can view a complete list of contractor requirements in Chapter 244 of the municipal code.
Confused? Call ZipBonds at (888) 435-4191! One of our agents will gladly assist you through the bonding process. You can also check out our page on contractor license bonds in Ohio for state-specific information.
Get Your Bexley Contractor License Bond:
How does a contractor license bond work?
A contractor license bond guarantees that contractors follow all work obligations to clients. In signing the bond, contractors also agree to follow applicable standards and regulations of the obligee (City of Bexley).
Clients can file a claim for damages if a contractor breaks any part of the bond agreement. The surety first pays out approved claims, but contractors are ultimately responsible for paying back claims up to the full bond amount.
To acquire your bond, you’ll pay a premium, a small percentage of the penal sum. ZipBonds can often get you bonded instantly, with premiums starting at just $100.
Frequently Asked Questions
When do I need to renew my bond?
Bonds typically last a year before needing to be renewed. To avoid any fines, ensure your bond, permit, and license (where applicable) remain up to date by renewing them before they expire.
Will I need multiple contractor license bonds?
A single license bond is usually required of contractors. If you work in multiple trades, however, you may need a separate bond for each trade.
Apply for Your Contractor Bond in Bexley, OH
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.