Wheaton Contractor License Bond
AmeriPro Surety Bonds | 844-589-9732
Contractors in Wheaton, IL
Wheaton contractors must be licensed by the city to perform work within city limits.
According to city regulations, depending on the type of work done, contractors must also file a $10,000 surety bond.
The bond – both new and renewal — is available from AmeriPro Surety Bonds.
Wheaton Contractors License Bond: Who is Required to Obtain Bonding
In addition to meeting other licensing requirements, the following contractor professions are required to obtain a $10,000 Wheaton contractor license bond.
The Wheaton contractor license bond is in addition to any other bonds you currently have for your contractor license, if applicable.
- General contractors, mechanical, and demolition;
- Electrical contractors;
- Work in City Right-of-Way;
- House moving.
Wheaton Contractors License Bond: Its Purpose
The Wheaton contractor bond is a financial guarantee, a surety, that a licensed contractor will perform work according to state, local, and where applicable, any federal laws.
This surety bond’s protection is solely for the benefit of Wheaton, Illinois.
The bond, moreover, protects Wheaton, Illinois from any acts of harm, theft, or criminal or civil misconduct committed by a licensee as it relates to the performance of their contractor-related duties.
Such protections afforded Wheaton also extend to wrongful acts committed by employees, agents, and owners of a licensed and bonded contractor.
The bond, therefore, is not an insurance policy.
And as such, should a claim be paid on your contractor bond to the city of Wheaton, you as a licensed contractor will be legally obliged to repay the surety in full. This includes any costs or fees associated with the settlement of the claim.
Wheaton Contractors License Bond: The Premium and Duration
The premium for the Wheaton contractors license bond is just $100.00, for the vast majority of clients.
Once issued, the bond is active for one year.
A current, active bond on file is required in to remain eligible to act as a licensed contractor in Wheaton, Illinois, at all times.
Upon renewal time, our surety will mail you a payment reminder to obtain a new surety bond.
About Our Agency
AmeriPro Surety Bonds is a surety bonds-only agency.
We provide contractor, license and permit, court, and fiduciary bonds throughout Illinois.
We also provide surety bonds nationwide.
The Wheaton contractor bond is easy to get, takes a quick application, and can be completed in a few minutes!
Please call our agency today at 844-589-9732.
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