Michigan Contractor Bonds
Michigan has a bunch of county and city contractor bonding requirements.
This video will help you understand what a Michigan contractor bond is and take you through some of the most common bonds we help Michigan contractors with.
If you have any questions about these bonds or about the bonding process, please ask in the YouTube comments.
Make sure you use the timestamps below to skip around to the parts of the video that matter to you.
- 00:15 - Video agenda
- 00:39 - What is a contractor bond?
- 01:01 - Types of construction bonds
- 01:28 - What does a contractor bond protect against?
- 01:53 - Examples of fraudulent actions a contractor can commit
- 02:11 - What is the bond amount?
- 02:29 - The most common contractor bonds in Michigan
- 02:44 - Examples of local bonds and bond amounts
- 03:41 - How is a contractor bond price determined?
- 04:13 - Surety bond price equation
- 04:24 - What price will you pay for your contractor bond?
- 04:36 - County and municipal contractor bonds
- 04:59 - Keeping your contractor bond active
- 06:09 - Get your pricing now so you can make the right decision for your business
Here are some other links that you might find helpful:
Learn what it means to be a bonded contractor along with the different types of contractor bonds. There are a lot to you'll have through your career.
What is a Contractor License Bond?
Getting your contractor license & need to purchase a surety bond. But what is a surety bond? Find out in this video and how to buy it for very little.
Cleveland Heights Contractor Bond and Registration
Performing construction work in Cleveland Heights, OH requires contractors to purchase a surety bond. Here's how and how to save money doing it.
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