Minnesota Residential Roofer Bond |
AmeriPro Surety Bonds | 844-589-9732
Residential Roofers – Minnesota
In Minnesota, the Department of Labor and Industry regulates the licensing of Minnesota residential roofers.
To be clear, according to Department regulations, only companies, which would include a single person sole proprietorship, are required to be licensed.
As part of the licensing process, you are required to produce a residential roofer surety bond. Our agency makes obtaining the bond required a short, simple process.
Amount of Surety Bond – Qualifying – Premium
The Minnesota residential roofer bond is a $15,000 surety bond. The premium is just $150.
Qualifying involves completion of an application, and payment of the $150 premium. The bond is issued to you immediately thereafter. There is no underwriting nor a credit score inquiry involved in this bond’s purchase.
After purchase of your surety bond, a copy can be emailed to you for no additional charge. The original will be sent in the mail the same or the following business day.
Term; Additional Premium Prepayment Options
A Minnesota residential roofer bond is issued with a standard term for one year at $150. Thereafter, the bond must be renewed. You also have the option to prepay this bond for 2 or 3 years. Doing so offers you a savings over year to renewal of the bond premium.
Prepayment of the premium options are as follows:
- Two years prepaid, $270, a $30 savings;
- Three years prepaid, $390, a $60 savings.
The Purpose of Your Surety Bond Requirement
The purpose of this surety bond is a financial guarantee for the Department of Labor and Industry, and the Minnesota consumer public that a licensed residential roofer will be in compliance with Minnesota statutes relating to roofing.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit surety bonds throughout Minnesota.
Our agency also provides surety bonds nationwide.
Please call our agency today:
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