Who needs a contractor license bond in Cleveland, Ohio?
All general contractors, and those seeking to build or rehabilitate Cleveland homes, must be bonded, insured, and registered with the city.
- The general contractor bond amount is $25,000.
- Insurance must cover at least $200,000 ($50,000 and $100,000 bodily injury, and $50,000 property damage).
Electricians & Plumbers
Additionally, electricians and plumbers must be licensed. For questions about other contractor requirements, see the permit guide or call the City of Cleveland contractor line at (216) 664-2884.
Service providers, including utilities and telecoms contractors, must register with the city annually. For questions regarding service provider requirements, call the service provider line at (216) 664-2174.
Give ZipBonds a call at (888) 435-4191 and an agent will be happy to guide you through your contractor bonding requirements in Cleveland. You can also check out our page on contractor license bonds in Ohio for state-specific information.
Get Your Cleveland Contractor License Bond:
How does a contractor license bond work?
A contractor license bond gives clients a guarantee that their contractor will fulfill all obligations in the work process. By signing the bond, contractors agree to follow all standards and regulations of the obligee (City of Cleveland).
Clients can file a claim for compensation if a contractor fails to follow the agreement fully. The surety will initially pay out approved claims, but contractors are responsible for paying back the claim over time.
To acquire your bond, you’ll pay a premium (a percentage of the penal sum). ZipBonds offers premiums starting at $100 and can often get you bonded instantly.
Frequently Asked Questions
Typically, bond terms last for one year. Cleveland stipulates that if a contractor works in multiple trades, they must post multiple accompanying bonds that renew on the same date.
Apply for Your Contractor Bond in Cleveland, OH
ZipBonds offers the fastest and most secure option for getting bonded. Our all-digital platform is intuitive and straightforward. Apply online, email firstname.lastname@example.org 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.