Greensboro House Moving Bond

Greensboro North Carolina House Moving Bond

In the City of Greensboro, North Carolina the County Code of Ordinances requires any company moving a building into the city to first obtain a permit and post a bond guaranteeing that all repairs, improvements, and other requirements will be fulfilled, once the structure reaches its destination. The bond provided by Jet Insurance Company protects the City of Greensboro in the event that a building is abandoned following its relocation by the moving company, and the city is left responsible for repairing the building or demolishing it.

PURCHASE GREENSBORO HOUSE MOVING BOND

At Jet, we streamline the application process to make it quicker, smoother, and get you back to your business ASAP. As a direct carrier, Jet will be with you through the project, speeding up approval for bonding and even help defend you against false claims, should they arise

What Is the Lowest Price for the House Mover Bond in Greensboro?

The City of Greensboro House Moving Bond starts as low as $100. The cost will mainly depend on the bonding amount, which will be determined by the Chief Building Inspector after assessing the cost and difficulty to remove the building. Typical bonding amounts range $25,000 to $45,000. Some factors could increase the bonding amount and hence the bond cost, such as age of the structure, presence of asbestos, and relative difficulty to move.

Bond LimitAnnual
$25,000$100
$50,000$375
Greensboro House Moving Contractor Bond Pricing

Jet is working hard to provide you the best possible experience in buying your bond, and we cut out the middlemen from the surety process who can add cost in the form of commissions and fees.

What Is the Purpose of the House Moving Bond?

The House Moving Bond exists to provide the City of Greensboro with a performance guarantee, ensuring that if a house moving company begins moving a structure into city limits, they fully complete the installation and repair of the structure, within twelve months. This includes all necessary repairs and improvements required by state and local building codes and subdivision ordinances. In the event that the house moving company abandons the project, the City of Greensboro will draw upon the bond amount from Jet to pay for completing the repairs or demolishing the structure if necessary.

How Does the Application Process Work With Jet?

At Jet, we work hard to eliminate any of the unnecessary paperwork and wait times in the surety bond application process. The initial online application requires basic information online and a soft credit check. One of our underwriters may need to ask you for some additional information about your business such as personal and business financial statements, and years of experience. After a short review, Jet will get back to you with a quote for your bond.

Once you have purchased your bond online, Jet will file the bond with the City of Greensboro and provide you with a copy of the bond and a receipt for your purchase.

Can Jet File the Bond With the City of Greensboro For Me?

Yes, Jet can! Once you complete your purchase, Jet will mail an electronic and physical copy of the bond to the City of Greensboro for you. Other carriers charge shipping fees to ship the bond to you, leaving you to ship it to Greensboro (again, at your own expense).

A copy of the bond will be available immediately to you after your purchase.

Please note that you will also need to apply for a House Move Permit with the City of Greensboro at least five days prior to the move.

If you decide to receive the bond and file it with Greensboro yourself, all paperwork must be mailed to the following address:

City of Greensboro
Development Services
300 W. Washington Street
Greensboro, NC 27401

Can I Cancel My Bond?

Due to the limited one-year timeline of the bond, the bond is considered continuous for that year and cannot be renewed or canceled by the moving company or the surety carrier.

How Does a House Mover Avoid Bond Claims?

In order to avoid a claim against the bond, house moving contractors should complete the move and all integration of the structure at its new site to the satisfaction of the Chief Building Inspector, and do so within one year.

Greensboro’s Code of Ordinances requires that once a House Moving Permit has been issued and the move from the original site has commenced, all elements of the permit must be complete within one year. The ordinance allows that for in select cases the Superintendent of Building Inspections can extend that time period for up to an additional year to complete interior improvements, provided all exterior portions of the structure were completed in the first year.

What Happens If I Get a Bond Claim?

If you abandon a house moving project once the structure has been brought into the city’s jurisdiction or do not comply with your permit, the City of Greensboro Chief Building Inspector may process a claim directly with Jet for any costs the city pays for in conjunction with the completion or demolition of the structure. To assess the validity of the claim, Jet will investigate the circumstances, and defend you as much as possible. 

If the claim is deemed valid, Jet must pay the claim up to the total amount of the bond. It is important to note that the surety acts as a line of credit in this respect, and the house moving contractor (the “principal”) is still responsible for their actions (or failed actions) and must reimburse Jet for the amount paid

Are There Other Bonds That a House Mover Needs?

A developer in County of Durham doesn’t need additional bonding but some contractors on the job, such as landscape, irrigation, and electrical contractors, are required Pursuant to the City of Greensboro Code of Ordinances, house moving contractors may also be required to obtain the Contractor License Bond in order to conduct business as a licensed contractor in the city.

Greensboro North Carolina House Moving 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: