Ohio – North Royalton Contractor Bond |
AmeriPro Surety Bonds | 844-589-9732
Contracting in North Royalton, Ohio
Contractors of various categories working in North Royalton, Ohio, must be registered and licensed with the city. They must also pay a $150 fee for each separate registration, and a $100 fee for each renewal registration .
Contractors must also furnish the city with an original $25,000 surety bond. This bond is available from AmeriPro Surety Bonds as both a new and renewal surety bond.
Specialties Who Are Required to Secure A Surety Bond:
While the list may not be all-inclusive (check with the city of North Royalton: 440-582-3000), the following contractors must provide evidence of a surety bond:
- North Royalton asphalt/concrete contractors;
- Building contractors;
- Fire suppresions;
- North Royalton HVAC contractors;
- North Royalton plumbing contractors;
- Specialty contractors;
- Septic systems;
- Swimming pools;
North Royalton Contractor Bond: The Purpose
The North Royalton contractor bond is a financial guarantee, in favor of the city and its residents, that licensed contractors will perform work according to the laws of the state of Ohio, and any local statutes of North Royalton.
The surety bond also holds the North Royalton harmless for work done attempted which causes damage or is the source of some hazard.
The bond provisions of this surety bond extend also to contracting work done for commercial or residential clients.
In the event that a claim is filed against your surety bond, judged credible, and paid, it is your legal obligation to reimburse the surety bond in full for all costs involved in the settlement of any claim.
North Royalton Contractor Bond: The Bond Premium and Duration
The premium for the $25,000 North Royalton contractor bond may be as low as $121 annually, but will not exceed $250.
Our agency will work to find you the best surety bond pricing for this bond.
By legal statute, after the bond expires on December 31st of the year in which it is issued. An exception occurs if the bond is purchased very late in the calendar year. In that case, the bond will have an expiration date of December 31st of the following year.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide contractor surety bonds throughout Ohio, and in every county, municipality or city where this is mandated by local law.
Our agency also provides license and permit, court, and fiduciary surety bonds in Ohio and nationwide.
Please contact AmeriPro Surety Bonds today:
Or, you may fill out our form and an agent will call you very shortly.