1 (800) 308-4358

New York
City of Yonkers Laundromat License Bond

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Coverage Amount: $5,000
Term Length: 1 year
Cost: $100
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Yonkers Laundromat License Bond Guide

If you’re applying for a laundromat license in Yonkers, New York, you’ll likely need this surety bond. 

Bond Overview

  • Purpose: To ensure laundromat owners operate legally and honestly 
  • Who Needs It: Laundromat owners in Yonkers, NY
  • Regulating Body: The City of Yonkers
  • Required Coverage: $5,000
  • Premium Rate: $100 for a 1-year term

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

What Is a City of Yonkers Laundromat License Bond?

A Yonkers laundromat license bond ensures that laundromat owners operate honestly and comply with city regulations. 

The City of Yonkers requires this bond as part of the licensing process for all laundromat owners in the city. 

How Much Do Laundromat License Bonds Cost?

A $5,000 City of Yonkers laundromat license 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
$5,000City of Yonkers Laundromat License 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 City of Yonkers laundromat license bond instantly online. Just enter your information and checkout in minutes. 

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

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

How Does a Yonkers Laundromat License Bond Work? 

A laundromat license bond creates a legal contract between these three parties: 

  1. Principal: You, the laundromat owner filing the bond
  2. Obligee: The City of Yonkers requiring the bond
  3. Surety: The provider issuing the bond

This holds you financially responsible for upholding the provisions of Chapter 30-1 of Yonkers Municipal Code. 

If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must ultimately refund the surety. 

How Do I Renew My Bond?

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

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

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

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