The Michigan City of Detroit Builder of Artificial Stone Sidewalks - Uniform Bond starts at $100 plus shipping costs and fees. Fill out the form to buy your bond instantly!
The Michigan City of Detroit Erector of Awnings and Canopies - Uniform Bond starts at $100 plus shipping costs and fees. Fill out the form to buy your bond instantly!
The Michigan City of Detroit Erector or Owner of Canopies - Uniform Bond starts at $100 plus shipping costs and fees. Fill out the form to buy your bond instantly!
The Michigan City of Detroit Mover of Houses or Other Residential Structures - Uniform Bond starts at $200 plus shipping costs and fees. Fill out the form to buy your bond instantly!
The Michigan City of Detroit Operator of Snow Removal Equipment - Uniform Bond starts at $100 plus shipping costs and fees. Fill out the form to buy your bond instantly!
The Michigan City of Detroit Soliciting Fire Repair Contracts - Uniform Bond starts at $100 plus shipping costs and fees. Fill out the form to buy your bond instantly!
The Michigan City of Detroit Wrecking Contractor - Uniform Bond starts at $500 plus shipping costs and fees. Fill out the form to buy your bond instantly!
The Michigan City of Ferndale Concrete Builder Bond starts at $100 plus shipping costs and fees. Fill out the form to buy your bond instantly!
The Michigan City of Flint Building Contractor Bond starts at $100 plus shipping costs and fees. Fill out the form to buy your bond instantly!
The Michigan City of Flint Sidewalk Builders Bond starts at $100 plus shipping costs and fees. Fill out the form to buy your bond instantly!
The Michigan City of Grand Rapids Sidewalk Contractor Bond starts at $100 plus shipping costs and fees. Fill out the form to buy your bond instantly!
The Michigan City of Grand Rapids Water Service and Drainage System Permits Bond starts at $100 plus shipping costs and fees. Fill out the form to buy your bond instantly!
The Michigan City of Kalamazoo Sidewalk Contractor Bond starts at $100 plus shipping costs and fees. Fill out the form to buy your bond instantly!
The Michigan State of Michigan, Bureau of Fire Services Fireworks License and Permit Bond starts at $100 plus shipping costs and fees. Fill out the form to buy your bond instantly!
The Trustee Bond starts at $100 plus shipping costs and fees. Fill out the form to buy your bond instantly!
Several cities and counties in the State of Michigan require contractors to post surety bonds. Below are the required bond amounts for popular Michigan contractor bonds:
The surety company issuing the bond determines your premium rate, which is the percentage of the total bond amount you pay as the premium. During the application process, the surety company evaluates your personal credit, financial statements, industry experience, and licensing history.
EZ Surety can issue premiums for Michigan contractor license bonds for as low as 1% of the required bond amount for applicants with standard credit. If your credit is below average, we can still offer a competitive rate for your contractors license bond.
Contractor license bonds hold licensed contractors accountable for the quality of their work and protect the public from damages they’ve incurred due to the contractor’s violation of licensing laws.
When the surety company issues the bond, they provide a financial guarantee to the local municipality that the contractor will comply with the regulations set forth in the contractor license. If the contractor violates these regulations, causing a loss to the consumer, the consumer can file a claim against the bond.
If the claim is valid, the surety company will cover the costs to repair the damage up to the amount of the bond. The contractor is then liable to reimburse the surety company for all damages paid.
Michigan contractors must obtain a residential builders license or a maintenance and alteration contractors license to work on projects over $600. You can meet the Michigan Licensing and Regulatory Affairs Department licensing requirements by completing the following steps:
You’ll know if you need a surety bond because some entity will have required you to obtain one. They must also inform you of which specific bond type you’ll need. There are thousands of bonds across the country, all of which vary by state and industry.
Visit EZSuretyBonds.com to browse hundreds of bonds by state, type, or industry.
