Marysville, Ohio Contractor Bond
Who needs a contractor bond in Marysville, Ohio?
Contractors in Marysville must be licensed through the city and post a $5,000 surety bond if they perform work on any of the following:
- Roadways
- Sidewalks
- Water or wastewater infrastructure
- Electric services
Additional requirements for these contractors include:
- Completing the application and bond on the city’s forms
- Paying the $50 application fee
- Providing proof of liability insurance: $100,000 per person or $300,000 aggregate for personal injuries and $100,000 for property damage
Need help? Call ZipBonds at (888) 435-4191. You can also check out our page on contractor license bonds in Ohio for state-specific information.
Get Your Marysville Contractor Bond:
How do contractor license bonds work?
By signing the bond, contractors promise to follow the standards and regulations of their obligee (the City of Marysville). Clients can submit a claim for damages if a contractor fails to follow the bond agreement fully. The surety will initially pay out an approved claim, but contractors are ultimately responsible for paying back all claim-related costs in full
As part of acquiring your bond, you’ll pay a premium, a small percentage of the penal sum. ZipBonds offers premiums that start at $100, and we can often issue your bond immediately.
Frequently Asked Questions
When do I need to renew my bond?
The Marysville bond must be renewed before or on December 31 each year. Your city license expires on the same day annually.
Will I need multiple contractor license bonds?
If you work in multiple trades, you may need various bonds. Read your contractor license application carefully to ensure you’re fulfilling all state and local requirements.
Apply for Your Contractor Bond in Marysville, 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.