Contractors working in the following profession in Bloomfield Township, Michigan, must be licensed by the township and provide evidence of a current $10,000 surety bond:
AmeriPro Surety Bonds offers this surety bond for your compliance with township regulations.
Regardless of the three professions listed above, the $10,000 Bloomfield township contractor bond will have a premium which is typically about $100 per year.
The final price of the surety bond will depend on a brief surety bond application which can be taken over the phone. A credit check may also be involved as part of the pricing process. Our agency utilizes a “soft inquiry” which means that any credit check will not adversely affect your credit score.
Once issued the bond is active for one calendar year and renews at the end of the year. A contractor bond purchased very late in the calendar year may have a termination date for the following calendar year.
Your Bloomfield township contractor bond is not an insurance policy and it does not protect your plumbing, sewer work, or electrician business.
The bond protects the township of Bloomfield and its residents for any failure on your part --- or those whom you hire --- to perform work according to statutes and regulations of the township.
The bond also protects against acts of fraud, theft, willful negligence, and criminal malfeasance in the course of your professional duties.
As the bond’s principal, you are responsible for any claims paid against your bond. In the present instance, this means that were a claim paid against your surety bond, you would responsible to reimburse the surety, in full, for all costs and fees involved in the settlement of your claim.
AmeriPro Surety Bonds is a surety bonds-only agency which provides license and permit, contractor, court, and fiduciary surety bonds throughout Michigan.
Our agency also provides surety bonds nationwide.
Please call AmeriPro Surety Bonds today at:
Or, you may fill out our form below and we will contact you shortly.