Alabama – Montgomery Electrical Contractor Bond |
AmeriPro Surety Bonds | 844-589-9732
In order to lawfully perform electrician work in Montgomery, Alabama, a candidate must be both licensed by the city and provide evidence of a $5,000 surety bond.
With our agency, meeting the surety bond requirement will be the easiest party of complying with city regulations.
Qualifying and the Surety Bond Premium
For the Montgomery electrical contractor bond, all applicants are approved. Qualifying is by completion of a surety bond application — which can be taken over the phone — and payment of the premium, $100.00.
There is neither a credit check nor an underwriter review to qualify.
After completion of the application and payment of the premium, a copy of your electrical contractor bond can be emailed to you for no additional charge. The original surety bond, which you will need to sign as Principal, will be mailed to you by the following business day.
Our recommendation is that whenever possible to file the original surety bond with the city of Montgomery.
Additional Premium Payment Options
Your electrical contractor surety bond at a premium of $100 is issued for one year. Thereafter, the bond must be renewed.
Our agency also offers you the option to prepay your bond for up to 3 years. Prepayment of your premium increases the intervals between renewals; it is also offers you a savings over renewing annually.
The premium prepayment options are as follows:
- Prepayment for 2 years is $180, a $20 savings;
- Prepayment for 3 years is $260, a $40 savings.
Purpose of Your Surety Bond
The Montgomery electrical contractor bond is a financial security for the city that electrical contractors will be in compliance with all state and local regulations concerning professional work performed.
As the surety bond’s principal, you are responsible for all costs and fees paid for any claims against your bond.
AmeriPro Surety Bonds is an agency whose sole focus is surety bonds. We provide license and permit bonds throughout Alabama and nationwide. Please call our agency today at:
Or, you may fill out the form below and an agent will contact you…