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What is a Licensed Home Improvement Contractor Bond?
Contractors need to be held accountable for their work, which is why they are required to post surety bonds. This bond protects damaged parties in the event of a contractor's unethical business practices or violations of licensing guidelines.
Need a New York, NY Licensed Home Improvement Contractor ($20,000) Bond?
Swiftbonds is a leading provider of Licensed Home Improvement Contractor Bond in New York, NY. We offer the best rates and terms to meet your needs. Contact us today for more information on our services!
Swiftbonds offers competitive rates and flexible terms so you can get the bond that meets your needs. Whether you need a one-time bond or an annual renewal, we have what you're looking for. Get started by filling out this form and someone will be in touch with you shortly!
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Why is the Licensed Home Improvement Contractor Bond required?
Businesses must purchase a bond to activate their license or permit. This guarantees that if the business fails to comply with licensing and permit laws, they will be compensated by the surety company for any damages incurred due this negligence. Find a New York – Mortgage Loan Originator – Individual Bond.
How does a Licensed Home Improvement Contractor Bond work?
Getting a Licensed Home Improvement Contractor Bond means you agree with the entity requiring it, called the obligee. Your surety company agrees to cover for you in case your clients or public make claims against their contract and need payment from your bond. If there’s ever any problems on either side of this agreement, only then will we get involved so that both parties can be satisfied. See a Putnam County, NY-Home Improvement Contractor Bond.
How much does a Licensed Home Improvement Contractor Bond cost?
Licensed Home Improvement Contractor Bond is a type of surety bond that varies in cost and depends on the credit score of the applicant. Sometimes, personal or business financials may be required depending on what surety amount is needed for bonding purposes.
Can I get a Licensed Home Improvement Contractor Bond with bad credit?
Swiftbonds offers a wide-range of approvals, regardless of credit history or bad credit. One key factor in our success is that we are able to work with 99% of applicants who have been turned down elsewhere due to their poor financial standing. Our knowledgeable underwriting staff will make sure you get the lowest possible price for your bond no matter what personal circumstances may be preventing you from getting approved for other companies' bonds. Read a New York – Public Adjuster's Bond.
How to get your Licensed Home Improvement Contractor Bond?
Would you like to know the first step in getting your Licensed Home Improvement Contractor Bond? It's super easy! Fill out our quick online application and get a no obligation quote today. Our Underwriters will contact you within an hour of submission, or come chat with them on the phone for help applying. Need a New York – Independent Adjuster's Bond.