Ohio Canton Electrical Contractor Bond |
AmeriPro Surety Bonds | 844-589-9732
Canton Electrical Contractors
Electrical contractors who perform work in Canton, Ohio, must be licensed by the city according to city regulations.
Included in the licensing process, is the requirement that electricians also maintain a $10,000 Canton electrical contractor surety bond.
AmeriPro Surety Bonds offers this bond for you as an electrician company or individual operator as both a new and renewal surety bond.
Canton Electrical Contractor Bond: Its Purpose
The Canton electrical contractor bond serves as a financial guarantee for the city that a licensed electrician will:
- Abide by all rules of the Canton Building Code;
- Complete all electrical contracting work as hired;
- Hold harmless the city of Canton, Ohio, from any dereliction of duty for a licensed electrician, and any related employees or subcontractors.
The surety bond’s protections, therefore, are solely for Canton, Ohio.
In the practical order, what this means is that if a claim were paid by the surety to the city of Canton on your bond, it is your legal obligation to reimburse the surety for all costs and fees involved in the settlement of the claim.
Canton Electrical Contractor Bond: Premium and Duration
The premium for this bond is just $100 annually. It is an instant issue bond. This means that there is no underwriting.
You will pay the premium and the bond will be issued to you immediately.
The application can be completed over the phone and will take only a matter of a few minutes.
By city statute, the electrical contractor bond expires on December 31st. The bond renews each year and must be always be kept active and current to remain eligible for electrician work in the city.
AmeriPro Surety Bonds is a surety bonds-only agency which provides contractor surety bonds throughout all of Ohio.
We also provide license and permit, court, and fiduciary bonds in Ohio and nationwide.
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