Putnam County Home Improvement Contractor Bond
Flat Rate & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $25,000 | 1 Year | $438 |
Home improvement contractors working on residential projects in Putnam County, New York, may be required to maintain a $25,000 surety bond. The Putnam County home improvement contractor bond helps protect homeowners from covered financial losses resulting from a contractor’s failure to meet applicable project or licensing obligations, including certain incomplete or noncompliant work.
Cost of a Putnam County Home Improvement Contractor Bond
The cost of the $25,000 Putnam County home improvement contractor bond is $438 for a one-year term. Get your bond from NNA Surety and use it today.
Why You Need a Putnam County NY Home Improvement Contractor Bond
The Putnam County home improvement contractor bond helps to ensure contractors are accountable for covered obligations associated with residential construction projects. Unlike insurance, the bond protects eligible homeowners rather than the contractor and requires the contractor to remain financially responsible for covered violations.
The New York surety bond involves three parties:
- Principal: Home improvement contractor
- Obligee: Applicable Putnam County authority
- Surety: Bonding company
If a bonded contractor fails to meet obligations covered by the bond, an eligible claim may be made against the bond. The contractor is responsible for reimbursing the surety for any valid claim amount paid.
How to Get a Putnam County Home Improvement Contractor Bond
Follow this simple bonding process:
- Complete this bond application.
- Pay the applicable $438 premium.
- Receive the $25,000 bond form.
- Submit the bond to the applicable Putnam County authority as required for your home improvement contractor licensing process.
Apply for Your Putnam County Home Improvement Contractor Bond Today
Secure your Putnam County home improvement contractor by applying now or calling 855-457-2196 to speak to our team of surety bond experts.