1 (800) 308-4358

Indiana
Town of Trafalgar License and Permit Bond

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Coverage Amount: $20,000
Term Length: 1 year
Cost: $100
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Trafalgar License and Permit Bond Guide

If you’re applying for a building permit in the Town of Trafalgar, Indiana, you may need this surety bond. 

Bond Overview

  • Purpose: To hold builders liable for completing construction properly
  • Who Needs It: Applicants for building permits in Trafalgar, IN
  • Regulating Body: The Trafalgar Town Hall
  • Required Coverage: $20,000
  • Premium Rate: $100 for a 1-year term

Learn all about the bond requirements and process in this guide.

What Is a Town of Trafalgar License and Permit Bond?

A Trafalgar, Indiana license and permit bond, also known as a building permit bond, ensures that contractors complete projects according to contract. 

The Town of Trafalgar requires a $20,000 bond for all residential and commercial builders and developers.

How Much Do License and Permit Bonds Cost in Trafalgar?

A $20,000 Town of Trafalgar license and permit bond costs a flat rate of $100 for a 1-year term. Or, you can save 25% by selecting a multi-year term. 

Click below to buy your bond in minutes!

Bond Type
$20,000Town of Trafalgar License and Permit Bond

SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees. 

How Do I Get My Bond?

With SuretyBonds.com, you can buy your Town of Trafalgar license and permit bond instantly online. Just enter your information and checkout in minutes. 

We’ll email you the bond shortly after purchase. Be sure to file the bond with the Town Hall as instructed. 

If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance. 

How Does a Town of Trafalgar License and Permit Bond Work? 

A license and permit bond creates a legal contract between three parties: 

  1. Principal: You, the builder/developer filing the bond
  2. Obligee: The Trafalgar Town Hall requiring the bond
  3. Surety: The provider issuing the bond

This holds you financially responsible for upholding applicable local laws and regulations. 

If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety. 

How Do I Renew My Bond?

These bonds expire annually. To renew your license and permit bond, simply pay your renewal invoice when prompted. 

We’ll begin contacting you by phone and email 90 days before the expiration date. 

More Resources

Call 1 (800) 308-4358 to talk with a Surety Expert

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