What is a fireworks permit bond?
In some states, cities, and counties, you need a surety bond to obtain a permit to display fireworks. Fireworks bonds are three-party contracts between a principal, an obligee, and a surety.
- Principal: The fireworks display permit holder
- Obligee: The government agency requiring the bond
- Surety: The insurance carrier (surety company) that issues the bond
Get Your Fireworks Permit Bond:
Quick Takeaways
- In some states, cities, and counties, you need a surety bond to obtain a permit to display fireworks.
- The bond guarantees the state (or other government entity) that the policyholder will cover any damages they cause during a fireworks display due to breaking the surety agreement.
- Fireworks bonds are easy to obtain and often cost just $100.
- Credit checks aren’t required.
Who needs a fireworks permit display bond?
If your state or municipality requires you to pull a permit before using fireworks in the area, you may need to obtain a bond first. A surety bond guarantees the state (or other government entity) that the policyholder will cover any damages they cause during a fireworks display by breaking the surety agreement. For example, if you use an illegal explosive and destroy part of someone’s property, you will be liable for reimbursing that party for the damages if they file a claim. Your surety provider will cover valid claims against your bond upfront, but you must repay them in full – up to the bond limit.
How much does a fireworks surety bond cost?
Fireworks bonding requirements can vary from state to state. In Colorado, for example, you’ll need a $10,000 bond. In Michigan, you’ll need a $5,000 bond. Fireworks bonds are easy to obtain and often cost just $100. We don’t need to pull your credit to issue this bond.
Can I get a fireworks permit bond with bad credit?
Absolutely. Credit checks aren’t required for fireworks bonds.
Apply for Your Fireworks Bond Today
Apply online today or connect with one of our team members by calling 888-435-4191 or emailing us at support@zipbonds.com. We’re more than happy to answer any of your questions or walk you through the application process.
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.