City of Detroit, MI - Wrecking Contractor
Flat Rate & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $50,000 | 1 Year | $250 |
Wrecking contractors engaged in applicable demolition or dismantling work in Detroit, Michigan, must meet city licensing and bonding requirements. The City of Detroit requires the $50,000 wrecking contractor bond to help ensure contractors comply with applicable building and safety requirements and properly remove debris associated with their work.
Cost of the City of Detroit MI Wrecking Contractor Bond
The cost of the $50,000 City of Detroit wrecking contractor bond is $250 for a one-year bond term with NNA Surety. Secure this surety bond today.
How the Detroit Wrecking Contractor Bond Works
The Detroit wrecking contractor bond helps protect the city and public by holding wrecking contractors financially accountable for obligations covered by the bond when performing demolition or dismantling work.
The bond involves three parties:
- Principal: Wrecking contractor
- Obligee: City of Detroit, Michigan
- Surety: Bonding company
A claim against the bond may be filed when a contractor fails to meet an obligation covered by the bond. The principal is responsible for repaying valid claims paid by the surety.
How to Get the City of Detroit Wrecking Contractor Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this short online application.
- Pay the $250 bond premium.
- Receive the bond form via email.
- Download and file the bond as required by the City of Detroit.
Learn more about your Michigan surety bond options across the state.
Get Your City of Detroit MI Wrecking Contractor Bond
Ready to meet your Detroit wrecking contractor bonding requirements? Complete this form or call 855-457-2196 to get bonded.