A $10,000 Tree Cutter and/or Stump Grinder License Bond is required by the City of Ozark for arborists and stump grinders to have a business license. The City is looking for a guarantee from a third party to promise payment if the licensee causes unremedied damages. Since you cannot vouch for yourself, Jet Insurance Company has your back and will provide the surety bond to the City upon receiving payment.
The City of Ozark requires the license bond to protect itself and its citizens from arborists or stump grinders who fail to uphold building standards, city ordinances, or leave a clean workspace once the job is completed. Jet’s role is to make payment to damaged parties when the licensee fails, not only to uphold their contract and business requirements, but to fix the problems they created. But we all know that is not going to happen, right?
With Jet, the price for this license bond is always $100 for a year or $10 monthly. Refer to the chart below for multi-year options.
Bond Term | Cost |
---|---|
Monthly | $10 |
1 Year | $100 |
2 Years | $175 |
3 Years | $250 |
Our monthly offer allows you to purchase the bond and never worry about it again. An automatic payment of $10 will come out once a month from the card you provide. So long as payments come out, your bond remains active.
Applying for the bond online takes minutes. We need some basic business information and payment. You will receive a copy of the bond and receipt of purchase immediately afterward.
We file the bond directly to the City of Ozark for you. This can be done via email to [email protected]. We always give our customers the option to file the original signed and sealed bond themselves in case they want to submit the bond with new license application paperwork. The City’s address is as follows:
City of Ozark
P.O. Box 1987
Ozark, AL 36361
If you paid for the bond on annual terms, Jet will have to send you a reminder to renew the bond. The bond has to be renewed to stay active. Our customers on monthly payment plans do not need to worry about annual renewals.
Should you ever want to cancel your bond, just send us an email requesting to do so at [email protected]. We will file the cancellation request to the City of Ozark immediately. However, the City requires a 30-day period before allowing cancellation of the bond. Any money left on the bond will be returned to you after that point.
To avoid issues, stick to the codes and regulations and follow the terms of your contract. The bond coverage has language affording protection to the clean up of debris and the general job site. Most likely a customer or their neighbor will complain some twigs and leaves are in their yard and it is the duty of the tree trimmer or stump grinder to investigate and make amends if necessary.
The City of Ozark may get involved in the complaint process and levy penalties or punishments against the licensee, or the customer can directly take the arborist to court or file a claim on the surety bond.
Jet will defend you against frivolous claims, but we need any evidence you have to defend your position such as contracts, payments, or pictures.
After a 30-day period, Jet will have to make a decision if the claim is lawfully valid and, if valid, make payment to the damaged party as we are obligated to do so. The tree trimmer or stump grinding company will need to pay Jet back for any damages we cover. Unlike insurance that covers people for accidents or Acts of God, the surety bond covers innocent people against damages caused by our customers’ actions. The tree trimmer or stump grinder is still responsible for their actions and must make amends at some point. We only guarantee a payment to the afflicted.
If you are not fully aware of it now, the most important coverages for the sustainability of your business are general liability and workers compensation.