Independence, Ohio Contractors Bond
Who needs a contractors bond in Independence, Ohio?
The following contractors working in Independence must be licensed with the state, registered with the city, and post a $25,000 surety bond:
- General
- Electrical
- Plumbing
- Heating and air conditioning
- Refrigeration
- Hydronics
- Water
- Sewer
- Excavating
- Grading
- Paving
- Specialty
Other requirements for these contractors include the following:
- Paying the $50 application fee
- Providing proof of insurance: $1,000,000 per occurrence and $100,000 for property damage
- Providing proof of worker’s compensation for all employees
Complete contractor requirements are listed in Chapter 1321 of the Independence municipal code.
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 check out our page on contractor license bonds in Ohio for state-specific information.
Get Your Independence Contractors Bond:
How do contractor license bonds work?
A contractor license bond protects clients from faulty contractor work. By signing the bond, contractors agree to follow the standards and regulations of the obligee (City of Independence).
Clients can submit a claim if their contractor fails to follow the agreement. The surety initially pays out approved claims to clients, but contractors are responsible for paying back claims in full.
To acquire your bond, you’ll pay a small premium – a percentage of the penal sum. ZipBonds offers contractor license bond premiums starting at $100 and can often issue these bonds instantly.
Frequently Asked Questions
When do I need to renew my bond?
Your annual bond renewal deadline will be listed on your bond form and may follow your registration date. In Independence, Ohio, the registration renewal is set for a year after your initial registration date.
Will I need multiple contractor license bonds?
If your work covers multiple trades, you will likely need a bond for each trade performed. Otherwise, you may only need one contractor license bond. Read your municipality’s requirements carefully to ensure compliance.
Apply for Your Contractors Bond in Independence, 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.