1 (844) 589-9732

Ohio – City of Cleveland Contractor Bond

The $25,000 city of Cleveland contractor bond is required of contractors who perform work in the city. By statute, the bond renews annually. There is no credit check for this bond and it has an annual premium of $250.  Please call AmeriPro Surety Bonds at 844-589-9732.

Ohio – City of Cleveland Contractor Bond |

AmeriPro Surety Bonds | 844-589-9732

 

Cleveland Contractors

 

The city of Cleveland’s Department of Building and Housing requires contractors who work in the city to be bonded with a $25,000 surety bond.

AmeriPro Surety Bonds provides this surety bond. We offer this bond as both a first time bond and for those who are looking to renew their existing surety bond.

 

 

Qualifying and the Premium

 

 

You are automatically approved for the $25,000 city of Cleveland contractor bond.  The bond has a full year term 12/31-12/31 premium of just $250.  The bond’s premium may also be prorated depending on the time of year of purchase.  There is no credit check for this bond.

When you call us, we’ll just ask you the basics:

  • The name, exactly as it should appear on your bond.  We’ll also need your address and phone number.
  • We’ll ask for any DBA name, if applicable
  • After payment of the annual premium of $250, the bond along with a Power of Attorney form, are issued to you immediately.

The bond is then mailed to you.  Upon receipt, you’ll sign your bond as Principal and file it to:

City of Cleveland, Department of Building and Housing

601 Lakeside Avenue, Room 505

Cleveland, OH 44114

***Premium Prepayment Options***

With a full term of $250, your Cleveland contractor bond will renew annually.  You also have the option to prepay your bond up to 3 years, which offers you a savings over annual renewals.

The premium prepayment options and savings are as follows:

  • If prepaid for 2 years, the premium is $450, a $50 savings;
  • If prepaid for 3 years, the premium is $650, a $100 savings.

 

 

 

City of Cleveland Contractor Bond – The Purpose of the Bond’s Requirement

 

 

 

The city of Cleveland contractor bond is not a type of insurance policy; it is a surety.

The bond is a financial guarantee for the city of Cleveland and its residence that a licensed contractor will perform contracting work according to the city’s building code.

The bond’s existence holds Cleveland harmless from any harm caused by work, failure to begin or complete work, or substandard work committed by a licensed and bonded contractor.

The protections of the bond extend also to any failure of work performed by any employees and subcontractors of a licensed contractor.

For your purposes, if a claim were paid against your Cleveland contractor bond, you are legally obliged to reimburse the surety in full. This reimbursement would include all costs and fees which result from a claim.

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide contractor surety bonds throughout Ohio cities and municipalities.

Our agency also provides license and permit, fiduciary, and court bonds in Ohio and nationwide.

We welcome the opportunity to speak with you and thank you for your consideration.

Please call us today at:

844-589-9732

Or, you may fill out the form below and a Surety Agent will contact you:

Request a Callback

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AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

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