Who needs a contractor license bond in LaGrange, Ohio?
All contractors in LaGrange must register with the city and post a $10,000 license/permit bond. Other requirements include the following:
- Registering with the city annually
- Paying the $50 initial registration fee ($25 for renewal)
- Providing proof of insurance for $1,000,000
- Providing a worker’s compensation certificate if the company has more than one employee
- Giving proof of a current contractor’s trade license
See the LaGrange contractor information page for complete requirements.
If you’re unsure if this bond applies to you, call (888) 435-4191, and one of our agents will be more than happy to help. You can also check out our page on contractor license bonds in Ohio for state-specific information.
Get Your LaGrange Contractor License Bond:
How do contractor license bonds work?
A contractor license bond guarantees client protection if a contractor breaks their contract with subpar work performance. By signing the bond agreement, contractors also ensure that they’ll follow the standards and regulations of the obligee (Village of LaGrange).
If a client files a valid claim against a contractor’s license bond, the surety will cover the costs to settle the claim upfront. However, the contractor is ultimately responsible for repaying the surety in full.
To acquire your bond, you will pay a premium – a small percentage of the penal sum. ZipBonds often processes these bonds instantly, and premiums start at just $100.
Frequently Asked Questions
Bond terms usually run for one year and require annual renewal. Your bond renewal date will be listed on the bond form. Your registration must also remain updated and requires annual renewal.
Multiple bonds may be required if your work falls into more than one trade category. In such a case, one bond per trade is often necessary. You can contact your local Zoning/Building Department to ensure you meet all bond requirements.
Apply for Your Contractor Bond in LaGrange, 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.