Who needs a contractor registration bond in Walton Hills, Ohio?
All contractors working in Walton Hills must register with the city and post a $10,000 surety bond. Each registered contractor must also provide the following:
- $110 for registration ($25 for each additional trade)
- A certificate of liability insurance: $500,000 for bodily injury, $500,000 for property damage, and $1,000,000 aggregate
- Your State of Ohio worker’s compensation number and federal tax ID number
- A copy of your current state license, if applicable
You will find complete registration requirements and registration and bond forms in the Walton Hills contractor registration packet.
If you’re not sure if this bond applies to you, give us a call at (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 if you need state-specific information.
Get Your Walton Hills Contractor Bond:
How does a Walton Hills contractor bond work?
A contractor license bond guarantees that clients receive quality work from their contractors. By signing the bond, contractors ensure that they’ll abide by the standards and regulations of the obligee (Village of Walton Hills). Clients can file a claim against the bond if their contractor breaks the agreement.
The surety may initially pay out valid claims, but contractors are ultimately responsible for paying them back in full – plus interest and fees.
You’ll pay a premium to obtain your bond, which is a percentage of the penal sum (total bond amount). ZipBonds can often process these bonds immediately, and premiums start as low as $100.
Frequently Asked Questions
The Walton Hills bond must be renewed on or before December 31 each year. Keep your registration and insurance up to date also to remain in good standing in Walton Hills.
Walton Hills instructs its contractors to use one bond even with multiple registrations. This means you should fill out one registration per trade but only need a single contractor bond.
Apply for Your Contractor Bond in Walton Hills, 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.