Ohio – Wickliffe Contractor Bond |
AmeriPro Surety Bonds | 844-589-9732
Contracting in Wickliffe, Ohio
Contractors working in Wickliffe, Ohio, must be registered and licensed ($100, annually) with the city .
Registration of itself is not enough, however.
Contractors must also show proof of registration in other Ohio communities; or, they must submit 3 notarized letters from happy customers for prior contracting work performed.
Additionally, contractors in Wicklifee, Ohio, must furnish the city with an original $10,000 Wickliffe contractor bond.
This bond costs you just $100 annually with AmeriPro Surety Bonds.
Wickliffe Contractor Bond: The Purpose
The purpose of the $10,000 Wickliffe contractor bond is to serve as a financial guarantee that contractors will perform contracting work according to the city’s Building Code, and any relevant Ohio state laws.
The bond holds the city of Wickliffe harmless for any work which is either incomplete, substandard, or creates the real potential to cause physical damage or harm.
The protections offered to the city – and residents — by means of this surety bond also extends to work performed by any employees or subcontractors whom you hire in connection with work performed.
Ultimately, you as the contractor and owner of the surety bond (you are the “principal”) are responsible for any claims that are paid against your surety bond. This means that if there were ever a claim against your bond, you must repay the surety.
Wickliffe Contractor Bond: The Premium and Bond Term
At just $100 annually, the Wickliffe contractor bond is an “instant issue” surety bond.
This means that there is no underwriting nor a credit check involved in the bond’s purchase.
After completion of an application (most quickly done with an agent) and payment of the $100 premium, the bond is issued immediately and mailed to you by the next business day.
Only an original surety bond may be filed with the city of Wickliffe.
By statute, Wickliffe contractor bonds will have an expiration date of December 31st of the year in which the bond is issued.
Bonds purchased late in the calendar year may have an expiration date of December 31st of the following year.
AmeriPro Surety Bonds is a surety bonds only agency which provides contractor surety bonds throughout Ohio.
Our agency also provides license and permit, court, and fiduciary bonds in Ohio and nationwide.
Please call AmeriPro Surety Bonds today at
Or, you may fill out a form and an agent will contact you…