Who needs a contractor license bond in Sylvania, Ohio?
Contractors performing public sidewalk/driveway approach construction or sewer tapping in Sylvania must be licensed with the city. The bond amounts are as follows:
These contractors must also provide the following:
- Payment of $100 for registration ($25 for annual renewal)
- Proof of liability insurance: $100,000 per person, $300,000 for each occurrence, and property damage insurance of $100,000 for each occurrence OR with a combined single limit of $300,000 for each occurrence
- City workman’s compensation insurance
- Unemployment insurance
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 Sylvania Contractor Bond:
How do contractor license bonds work?
A contractor license bond provides clients with the assurance that they’ll receive satisfactory work from contractors. By posting the bond, contractors promise to work by the standards and regulations of their obligee (City of Sylvania).
Clients can file a claim if a contractor fails to meet any component of the agreement. The surety will initially pay out an approved claim, but contractors are responsible for paying back all such claims against them over time.
You’ll pay a premium to acquire your bond, a small percentage of the penal sum. ZipBonds often issues these bonds instantly for premiums starting at just $100.
Frequently Asked Questions
As long as your project(s) continues, you must keep your bond active. The bond renewal date often aligns with the registration renewal, which is December 31 in Sylvania. You can verify your bond renewal date on the bond form.
If your work in Sylvania covers multiple bondable trades (sidewalk construction and sewer tapping, for instance), you may need a separate bond and registration for each. Read your municipality requirements carefully and contact ZipBonds with any further questions.
Apply for Your Contractor Bond in Sylvania, OH
ZipBonds offers the fastest and most secure option for getting bonded. Our all-digital platform is intuitive and straightforward. Apply online, email email@example.com 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.