Alabama Roofing Contractor Bond
How much does an Alabama residential roofer bond cost?
The premium for $10,000 of liability is $100 for a one-year term. The Alabama residential roofer bond is renewed annually, typically on December 31 of each year. With NNA Surety Bonds, you can purchase up to three years in advance, which takes the hassle out of renewing every single year.
What is an Alabama residential roofer license bond?
An Alabama roofing contractor bond is a type of surety bond that’s required for roofing licensure in the state of Alabama. It’s a relatively new requirement established by the Alabama Home Builders Licensure Board (HBLB) in 2019. This license bond serves as a guarantee that the roofing contractor will fulfill their contractual obligations with the homeowner and comply with state laws and regulations. If the contractor fails to comply, the homeowner can file a claim against the bond to receive compensation for any damages or losses incurred.
Who needs an Alabama residential roofer bond?
Any individual or business that serves as a residential roofing contractor in the state of Alabama is required to post the bond as a condition of obtaining or renewing their roofing licensure.
According to Ala. Code § 34-14a-2(12), a residential roofer is someone who "installs products or repairs surfaces on the external upper covering of a residence or structure that seals, waterproofs, or weatherproofs the residence or structure.” A roofing contractor who undertakes a project that exceeds $2,500 must be licensed and bonded.
How can I get an Alabama residential roofer bond?
NNA Surety Bonds has secured a $100 flat rate for all Alabama residential roofer contractors to obtain this bond without a credit check. You can buy the bond and download it today for immediate use by clicking the link below. All we need is some basic information about you and your business. This bond meets the licensing requirements for the Alabama State Licensure Board.
What else should I know about Alabama residential roofer bonds?
Alabama HBLB requires the bond to:
- Be an amount of at least $10,000.
- Name the Home Builders Licensure Board as the obligee of the bond.
- Be valid for coverage from the date of issuance to December 31 of the current licensure year.
- Include a legal instrument sufficient to authorize the Board to exercise the bond.
The roofing contractor bond is only one of the requirements for roofing licensure in Alabama. For more information about becoming a roofing contractor and obtaining a license, visit the Alabama Home Builders Licensure Board's website.