New York Home Improvement Contractor Bond
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How much does the New York home improvement contractor bond cost?
New York City home improvement contractor license bond costs start at $100 annually. The New York City Department of Consumer and Worker Protection requires these bonds to expire on February 28th of odd years, so your personal premium will vary depending on when you purchase your bond.
How do you get a home improvement contractor surety bond in New York City?
You can purchase your NYC home improvement construction contractor bond online 24/7. Simply provide your contractor or construction company name and address for Department of Consumer and Worker Protection filing approval. Once your payment has been processed, your official surety bond will be sent to your email instantly.
How fast can I get a NYC home improvement contractor bond?
SuretyBonds.com offers instant New York City home improvement surety bond delivery 24/7. Purchase now to receive your official NYC contractor bond delivered in minutes by email.
What is a licensed home improvement contractor bond?
The Rules of the City of New York Section 2-225 requires individuals file a $20,000 bond with the Department of Consumer and Worker Protection (formerly known as the Department of Consumer Affairs) before being licensed as a home improvement contractor.
By filing a surety bond, a bonded home improvement contractor agrees to do the following.
- Comply with laws, rules, and regulations related to the conduct of home improvement contractors.
- Pay fines, penalties, or other obligations imposed for any noncompliance behavior within 30 days' notice.
- Pay any final judgments against the bonded contractor.
These bonds protect the state and consumers who suffer damages as a result of a contractor's noncompliance. The issuing surety company will pay valid claims up to the full $20,000 bond amount, which the bonded contractor must then reimburse.
Who regulates home improvement contractor licensing?
The New York City Department of Consumer and Worker Protection enforces licensing requirements for home improvement contractors in the city, including the $20,000 bond amount requirement. You can contact the department by calling 1(212)639-9675 or emailing [email protected].
Who must have a home improvement contractor license in New York City?
You must maintain a New York City home improvement contractor license if you perform construction, repair, remodeling, or other home improvement work to residential land or buildings in New York City.
New York City requires this bond for home improvement contractor licensing. We also offer other New York contractor license bond types if you work as a contractor in other classifications or in cities or counties with additional surety bond requirements.
How do I update or change my bond form?
If the New York City Department of Consumer and Worker Protection requires your surety bond documentation to be updated for any reason, contact your surety provider. If you purchased your bond from SuretyBonds.com, email [email protected] to explain the needed change. The most common changes for these bonds include updating the contractor or construction company's name or address.
How do you renew your New York City home improvement contractor license bond?
Your NYC home improvement construction contractor surety bond must be renewed before its current 1-year term expires. Once you pay your SuretyBonds.com renewal invoice, renewal instructions will be emailed to you to keep your bond active for your next license term.
How do you get a home improvement contractor license in New York?
The following documents must be submitted by applicants when applying for a home improvement license in New York City.
- basic license application
- Certificate of Authority
- proof of business address
- proof of home address
- proof of workers compensation insurance
- proof of United States Environmental Protection Agency (EPA) certification
- $20,000 surety bond
- Contractual Compliance Agreement
- proof of home improvement exam completion
- fingerprints
- granting authority to act affirmation (if applicable)
- payment of fees
You can apply for licensure online or file your application and supporting documents in person. You can schedule an appointment to file you application in person by emailing [email protected] or by calling 1(212)436-0441.
Have Questions?
Call 1 (800) 308-4358 to talk with a Surety Expert today.
