The $10,000 Residential Roofer Bond is a licensing requirement for roofers established by the Alabama Home Builders Licensure Board (HBLB). The bond is designed to protect clients against a roofer failing to fulfill the project they were hired for or acting in a substandard or unprofessional manner.
With Jet Insurance Company, you can purchase your bond within minutes! Once you complete our online application, you can make payment for instant bond coverage.
The Residential Roofer Bond starts at only $10 per month or $100 per year with Jet. Most applicants will qualify for this rate but the cost is ultimately based on a soft credit check (don’t worry, this doesn’t affect your credit). The prices in the chart below show the rates that are typically approved.
Bond Term | Cost |
---|---|
Monthly | $10 |
1 Year | $100 |
2 Years | $175 |
3 Years | $250 |
Jet Insurance Company works directly with you, cutting out middlemen that can muddle the process and raise rates.
The Residential Roofer Bond is used as a way to prevent a roofer’s clients from being ripped off or getting roofing that’s poorly done. As a requirement of the Home Builders Licensure Board, this bond is just another facet of the Board’s responsibility of regulating construction within Alabama for the general public’s safety, health, and welfare.
To apply for your Residential Roofer Bond, you just need to complete Jet’s simple online application. Once you have submitted the required information (like general business information and a social security number to perform the soft credit check), you will receive a rate that can be purchased right away. After purchase, you will receive an emailed copy of the bond and a receipt for your records.
After you have purchased the Residential Roofer Bond, Jet will prepare the bond form and mail it directly to the Home Builders Licensure Board. However, if you need to file the original bond yourself, you may choose to do so during checkout.
The bond must be mailed to:
Alabama Home Builders Licensure Board
P.O. Box 303605
Montgomery, AL 36130-3605
Yes, if you have prepaid for your Residential Roofer Bond with Jet, you may be able to receive a refund! Your bond is active until December 31st, but if you need to cancel early, you can send a written notice to Jet (email is fine: [email protected]). We will let the HBLB know of the cancellation and they will hold the bond active for an additional 15 days. After the cancellation is finalized, you will receive a prorated refund for the rest of the time left on the bond.
With monthly payments, your payments will stop once your bond is no longer active.
Although your Residential Roofer Bond expires on December 31st of the year it was issued, you can still keep your bond going through a continuation certificate. Jet will send you a notice ahead of the expiration date through mail and email. Simply click the link in the email to submit your payment or fill out the renewal notice and mail it back to Jet.
Monthly payments will continue to come out of your account, until cancellation is requested.
Through the Residential Roofer Bond, you, as the roofer, are held to the standards of the Code of Alabama, Title 34, Chapter 14A and the Alabama Administrative Code (AAC) 465-X or reap the consequences of violating the rules. Mainly, you should be working on your roofing projects in a professional manner, avoiding dangerous situations, and completing the project as agreed. If any complaints arise, it’s best to take care of them right away before they turn into a claim.
If you receive a complaint against your Residential Roofer Bond, the procedures of AAC 465-X-5-.03 (3) will be carried out. A complaint submitted to the Board will be investigated and if probable cause exists, the Board will call on the bond. Jet is obligated to pay out the claim up to the full amount of the bond.
You will have 90 days to reimburse Jet for the amount that was paid out to restore your bond. If you don’t, a hearing will take place within 3 months of when the complaint was filed. A violation that is reported to an appropriate governmental authority may result in a warrant of arrest.