Moreland Hills Contractor Bond
Who needs a contractor bond in Moreland Hills, Ohio?
The following contractors working in Moreland Hills must post a $20,000 surety bond:
- Electrical
- Gas piping
- HVAC
- Hydronics
- Fire Safety
- General
- Plumbing
- Refrigeration
Additional contractor requirements include:
- Completing the registration application
- Paying the $100 registration fee
- Providing the R.I.T.A tax form
- Providing a certificate of insurance with Moreland Hills listed as additional insured: $100,000 – $300,000 liability, $50,000 property damage
See the contractor registration packet for more details.
Need help? Just pick up the phone and call us at (888) 435-4191. You can also check out our page on contractor license bonds in Ohio for state-specific information.
Get Your Moreland Hills Contractor Bond:
How do contractor bonds work?
A contractor license bond assures clients that they’ll receive satisfactory work from contractors. By signing the bond agreement, contractors ensure they will follow the standards and regulations of the obligee (Village of Moreland Hills).
Clients can file a claim for compensation if a contractor’s work fails to meet all the agreement standards. To settle the claim, the surety will cover the costs upfront, but contractors are ultimately responsible for paying back claims in full – plus fees and interest.
You will pay a small premium to acquire your contractor bond, a percentage of the penal sum. ZipBonds offers premiums starting at $100 and can often get contractors bonded instantly.
Frequently Asked Questions
When do I need to renew my bond?
Bonds usually last for a year and then must be renewed to remain active. It’s typical for the registration renewal to line up with the bond renewal date. In Moreland Hills, registration is due for renewal each December 31. You’ll find your bond expiration date on your bond form.
Will I need multiple contractor license bonds?
If your work covers multiple trades, you may need a bond for each trade. Read the city contractor registration packet carefully to guarantee your compliance in Moreland Hills. You can also reach out to ZipBonds if you have additional questions.
Apply for Your Contractor Bond in Moreland Hills, 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.