Prichard, Alabama Contractor License Bond

Prichard Alabama Contractor License Bond

The $10,000 Contractor License Bond in Prichard, Alabama is required for most classes of contractors by city officials in order for the contractor to operate within the city's jurisdiction. Jet Insurance Company offers this bond guaranteeing any fiscal injury sustained by the City of Prichard or its citizens not remedied by the contractors will be covered by Jet.

VIEW YOUR BOND PRICE

Jet specializes in contractor license bonds, and by cutting out middlemen brokers and agents, our price is the best for contractor's bonds.

What Is the Lowest Price for the Contractor Bond in Prichard? 

With Jet, the rate for the bond is always $100 for a 1-year bond term. You can also save a couple of bucks by purchasing a 2- or 3-year bond term. All contractors qualify for these rates, simply purchase online in minutes.

Bond TermCost
Monthly$10
1-Year$100
2-Years$175
3-Years$250
Prichard, Alabama Contractor License Bond Pricing

Jet does offer a monthly option at $10 each month. Just select your preferred debit or credit card for automatic payments and never worry about the bonding requirement again.

Why Is the Prichard Contractor Bond Required?

The City of Prichard uses the bond as a tool to guarantee a level of protection to its citizens from possible damages contractors can cause. Jet is a third party that steps in when all mitigation attempts fail to rectify any financial injury caused.

Prichard requires the surety bond as part of the licensing process for various contractor classifications. The Business License Ordinance of Prichard, Alabama lists the fees, schedules, and bond requirements for all professions they regulate. Below are the contractor classes that need the $10,000 Contractor License Bond.

Contractor ClassAdditional Requirements and Associated Contractor Subclasses
HVACMust have Alabama Board of Heating, Air Conditioning & Refrigeration Contractors Certification, 15k bond required by state. If a State Card is provided, no bond is needed
Builders/ContractorsIncludes subcontractors. Excludes concrete workers, pavers, and exterminators
ElectricalMust have Alabama Contractors Board Certification
Gas FittersMust have State of Alabama Plumbers and Gas Fitters Examining Board Certification
Landscaper/GardenerIncludes dealers in shrubbery
PaintersIncludes paperhangers and interior decorators
PlumbersMust have a State Card, a City of Prichard Master Plumbers Card, or a County License
Sign Company WorkersErecters and repairers of signs
Contractor Classification Bonds Required For:

The City of Prichard has several other vocations that require a bond. Jet is more than able to issue a bond for each of the following (all are required to have a $10,000 bond in place with the City of Prichard as well):

How to Apply for the Contractor License Bond With Jet 

Application for the bond can be done online (click the button below) or by calling us at 855-296-2663. Either way, we will gather what information we need to complete the bond form.

Simply select what term you want and purchase the bond. It takes about 3 to 5 minutes from start to end. Once completed, you will get a copy of the bond and receipt.

APPLY FOR PRICHARD CONTRACTOR LICENSE BOND

How Is the Contractor Bond Filed With the City of Prichard?

Jet can file the bond directly to the City if need be upon purchase of the bond. Just let us know if you need the bond sent to you for filing purposes or if there is a specific address for delivery. 

When in doubt the bond form can be delivered to the City at the following address:

City of Prichard
216 East Prichard Ave.
Prichard, AL 36610

Can I Cancel My Contractor Bond and Get a Refund? 

With Jet, you can. If you purchased a bond on annual terms, just send us a request to cancel. Email us at [email protected] and we will proceed with the termination process.

Jet does have to submit a notice of bond cancellation to the City of Prichard in order to receive a release of liability. Once Jet gets a release from the City, any refund available will be mailed to you. 

Those on monthly payments will have to continue making payments until Jet can receive a release from Prichard.

Do I Have to Renew My City of Prichard Contractor Bond?

Not if you are on our monthly payment plan!

Jet will send a bond renewal notice prior to the bond expiration if you purchase the bond on an annual term. All Jet needs is payment to renew your bond and then you are good to go.

How Does a Contractor Avoid Bond Claims With the City of Prichard?

Contractors need to be familiar with the codes and standards surrounding their profession. The City of Prichard adopted international, national, and state codes for contractors. You can always check with Prichard’s inspection department for more information.

The best way for a contractor to stay out of trouble is to abide by the terms and conditions of the contract they enter into. Easier said than done when dealing with unrealistic and unreasonable homeowners.

The City of Prichard will investigate claims of faulty workmanship, departures from industry standards, and job abandonment. It is the contractor’s responsibility to make any necessary repairs or finish any incomplete work. Failure to do so will lead to disciplinary action including, but not limited to, a claim on the surety bond.

What Happens if I Get a Claim on My Contractor Bond From Work Performed in Prichard?

Let Jet know the second you get word someone or the City is planning to file a claim on the bond. We will provide a defense for you, but we will need whatever evidence you have regarding the situation at hand.

Should the claim against you be valid, Jet will make payment to the damaged party up to the $10,000 bond limit. This will effectively cancel the bond until you pay Jet back. If a payout is made, and the $10,000 bond amount is tapped partially or entirely, it needs to be refilled to continue licensing. Think of the surety bond as a letter of credit or a promise of payment. A surety bond is not like an insurance policy that will just raise rates following a claim.

Are There Other Bonds That a Contractor in Prichard, Alabama Needs?

Certain contractors might not need the Prichard Contractor License Bond if the State of Alabama already requires a bond for their certification. The State of Alabama Board of Heating and Air Conditioning Contractors requires a $15,000 surety bond for HVAC contractors and the State of Alabama Home Builders Licensure Board requires a $10,000 bond for residential roofers.

Prichard Alabama Contractor License Bond Form

Notary Bond Application:

X

Business Information:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Employee Dishonesty Bond Application:

Business Information:

Business Description:

Coverage Requirements:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Contract Bond Application:

X

Business Information:

Owner Information:

Job Details:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Worker's Compensation Application:

X

Business Information:

Business Description:

Coverage Requirements

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information: