Who needs a contractor registration bond in University Heights, Ohio?
All contractors in University Heights must register with the city and post a $10,000 surety bond. Registered contractors must also provide the following:
- $100 for registration
- Evidence of liability insurance (University Heights does not have to be named as additional insured)
- A completed and signed municipal income tax withholding form
- A notarized contractor agreement (in addition to the notarized application)
- Any other requirements listed in the contractor agreement, attached to the contractor registration packet
Get Your University Heights Contractor Bond:
How do contractor license bonds work?
When obtaining this bond, the principal (contractor) enters into an agreement with the obligee (the City of University Heights) and the surety company. A contractor license bond guarantees that the bonded contractor complies with applicable licensing and permit laws. If they don’t, any parties that suffer as a result can file a claim against the bond for compensation. The surety company may initially cover any damages incurred, but the principal must later repay them in full. These bonds are quickly issued and typically cost only $100. Get bonded today by filling out the form below or calling ZipBonds at (888) 435-4191.
Frequently Asked Questions
When do I need to renew my bond?
Bonds often expire annually. Your bond renewal date will be listed on the bond form. Ensure that your bond, registration, and insurance stay up to date to remain in good standing as a contractor.
Will I need multiple contractor license bonds?
You may need additional bonds if your work covers multiple trades. You can direct any questions regarding your bonding needs to ZipBonds.
Apply for Your Contractor Bond in University Heights, 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.