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.
Jet specializes in contractor license bonds, and by cutting out middlemen brokers and agents, our price is the best for contractor's bonds.
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.
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.
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 Class||Additional Requirements and Associated Contractor Subclasses|
|HVAC||Must 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/Contractors||Includes subcontractors. Excludes concrete workers, pavers, and exterminators|
|Electrical||Must have Alabama Contractors Board Certification|
|Gas Fitters||Must have State of Alabama Plumbers and Gas Fitters Examining Board Certification|
|Landscaper/Gardener||Includes dealers in shrubbery|
|Painters||Includes paperhangers and interior decorators|
|Plumbers||Must have a State Card, a City of Prichard Master Plumbers Card, or a County License|
|Sign Company Workers||Erecters and repairers of signs|
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):
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.
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
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.
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.
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.
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.
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.