Southern Shores Permit Bond
In an effort to regulate construction and ensure contractors are responsible for any damages to public property, the Town of Southern Shores, North Carolina requires a $5,000 permit bond when submitting a building permit application. Jet Insurance Company provides the surety guarantee to Southern Shores to financially guarantee contractors are accountable for completing construction in accordance with the building code, statutes, and local ordinances, as well as, any damage to public facilities such as streets, water lines, and utilities during construction.
PURCHASE SOUTHERN SHORES PERMIT BOND
Think of Jet as the guarantor on the bond, assuring to the Town of Southern Shores that the contractor will professionally complete the project.
What Is the Cost of the Bond?
The bond is $100 for a year, that’s it! There is no hassle or credit check, the price is the price.
At Jet, we have streamlined the bond process to save you time and money for this municipal requirement. Spend less time with paperwork and focus on what is most important - your work!
Can Jet File the Bond to the Town of Southern Shores for Me?
Yes, of course! Jet will file the original bond to the Town of Southern Shores on your behalf after your purchase is completed. A copy of the bond and receipt will also be made available to you online.
If you need to file the bond yourself, you can select that option at checkout. The address for filing with the Town of Southern Shores is below:
Town of Southern Shores
Planning and Code Enforcement
5375 N. Virginia Dare Trail
Southern Shores, NC 27949
Can I Renew the Town of Southern Shores Permit Bond?
Yes, but bond renewal is only needed if you are continuing to work on permitted projects within the Town of Southern Shores after the year is up. If you need to renew, just let us know prior to the expiration date of the bond and we will be happy to process the renewal. We only need a simple payment of $100 to renew the bond.
What Is the Purpose of the Bond?
The Southern Shores Permit Bond is a financial guarantee that contractors will complete construction within the Town of Southern Shores professionally and in compliance with North Carolina construction statutes and regulations. The Town of Southern Shore is tasked with enforcing building standards and holding contractors accountable for damages to public facilities during the course of construction. The bond is a tool to facilitate a level of financial responsibility from a third party, Jet, used by Southern Shore to get projects completed.
How Does the Application Process Work With Jet?
With Jet the process can be done entirely online. In just a minute, after inputting some of your basic business information, you can have the bond in your hands. The process is as easy as touching your nose with your left hand.
PURCHASE SOUTHERN SHORES PERMIT BOND
How Do I Avoid a Claim on My Town of Southern Shores Bond?
North Carolina General Statute Sec. 6-5 states that the bond shall be payable to the Town of Southern Shore if the construction fails to meet all applicable statutes, ordinances, and building codes. The bond also covers the repair of public facilities that may be damaged during construction.
To avoid a bond claim, contractors must understand the current local and state building codes, and also dutifully perform work without causing damages to the street or local utilities, and if so, repair the damages or reimburse the city for repairs. There is no need to cramp the beach vibes so be sure to work amicably with the hiring party and the town. An agreement can always be reached with the Planning and Code Enforcement division of the Town of Southern Shores before a bond claim happens.
What Happens If I Get a Bond Claim?
Inform Jet right away if there is a claim filed against you. While claims from a municipality are more cut and dry than others from homeowners or other third parties, Jet will always investigate the claim to determine its validity and protect you against any invalid claims. Other Surety companies look at a bond claim for a low $5,000 bond amount and simply payout to avoid legal costs associated with processing claims. At Jet, we believe in you like we’re family and we will protect you from any and all unwarranted claims.
Should the claim be deemed valid, Jet must pay Town of South Shores up to the full limit of the bond. You are obligated to reimburse Jet for the claim payment. The bond is not like liability insurance, instead think of it as a letter of credit to the Town of South Shores from Jet, promising that you will faithfully perform construction and repair any damages the town may receive.
Are There Other Bonds That I Might Need?
Contractors in North Carolina are required to obtain various permit bonds prior to beginning work on certain projects. Check out our Permit Bonds page.
