City of Eastlake, Ohio Contractor Bond
Who needs a contractor bond in Eastlake, Ohio?
All contractors and subcontractors in Eastlake must register with the city and post a $15,000 surety bond.
Additional requirements include:
- Paying the $125 registration fee
- Obtaining a certificate of insurance ($500,000 bodily injury and $500,000 property damage)
- Providing a copy of a State of Ohio worker’s compensation certification
- Getting the relevant permit (listed on the final page of the registration form)
Need to purchase or renew your bond ASAP? Give us a call at (888) 435-4191, and we’ll help you get bonded in a zip! You can also visit our page on contractor license bonds in Ohio for state-specific information.
Get Your Eastlake Contractor Bond:
How does a contractor license bond work?
A contractor license bond guarantees clients that their contractors will follow all applicable standards and regulations of the city or county where they work. Clients can file a claim if a contractor’s work doesn’t track all components of the bond agreement. The surety will initially pay out approved claims, but contractors are ultimately responsible for paying back claims up to the total bond amount.
To obtain your bond, you’ll pay a premium, or a percentage of the penal sum. ZipBonds offers premiums starting at just $100 and can often issue bonds instantly – without requiring a credit background check.
Frequently Asked Questions
When do I need to renew my bond?
The Eastlake bond expires on December 31 each year. Renew your bond before it expires to avoid registration issues in the city.
Will I need multiple contractor license bonds?
You will need a bond for each trade you work in. See your municipality’s requirements to ensure you’re operating your business legally.
Apply for Your Contractor Bond in Eastlake, 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.