Ohio – Willowick Contractor Bond |
AmeriPro Surety Bonds | 844-589-9732
Contracting in Willowick, Ohio
The Willowick contractor bond is available from AmeriPro Surety Bonds as both a new and renewal surety bond.
Willowick Contractor Bond: The Purpose
The purpose of the $15,000 Willowick contractor bond is a financial guarantee that you will be in compliance with the Willowick Building Code and any Ohio state laws, in the course of your contractor duties.
The bond holds the city of Willowick harmless for the failure of a licensed contractor to perform work which meets Code, and which in turn causes or presents the potential for real harm.
The protections offered to the city of Willowick and its residents also extend to work performed by employees and subcontractors whom you hire in connection with work completed in the city.
In the event that any claims are paid against your surety bond, you are responsible for reimbursing the surety for all costs and fees involved in any claims.
Willowick Contractor Bond: The Premium and Bond Term
The premium for the Willowick contractor bond will be as low as $100 annually.
An application will help determine the bond premium.
The bond has an expiration date of December 31st of the year in which it is issued. If the bond is purchased very late in the calendar year, then the expiration date may be December 31st of the following year.
Once the application has been completed, and the premium paid, the bond is sent to you by the next business day.
Only the original Willowick contractor bond may be filed with the city.
AmeriPro Surety Bonds is a surety bonds-only agency which provides contractor bonds throughout Ohio.
Our agency also provides license and permit, court, and fiduciary bonds in Ohio and nationwide.
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