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What Is a Michigan Contractor License Bond?
A Michigan contractor license bond protects the state and the public from financial harm due to faulty or negligent construction work. Filing a surety bond is a requirement before working as a security alarm installer or performing construction work in various Michigan municipalities.
How Much Do Michigan Contractor Bonds Cost?
Most Michigan contractor license bonds cost $100 per year and are available for instant online purchase. Other bonds require an application to determine pricing and typically cost 1–3% of the bond amount. Apply online now for your free quote.
Who Needs a Michigan Contractor Bond?
Michigan Compiled Laws Section 338.1059 requires all Michigan security alarm contractors to file a $25,000 surety bond before being licensed. All other contractor surety bonds are required by local licensing departments. Check with your city or county to verify if you need a contractors license bond.
You may also need a bid bond, payment bond, performance bond, or other type of contract bond for certain construction projects in Michigan. If you work in other states, we issue contractor license bonds nationwide.
How to Get a Michigan Contractor Bond
With SuretyBonds.com, you can get most Michigan contractor license bonds instantly online. Simply find the bond you need and enter your information. You’ll receive your official bond confirmation via email in minutes.
Some Michigan contractor bonds require a quick application to determine pricing and eligibility. If so, apply online and a surety expert will contact you within one business day or less.
How Fast Can I Get My Bond?
SuretyBonds.com offers instant approval and email delivery for most Michigan contractor bonds. If your obligee requires the original bond form with wet signatures, we offer overnight and two-day shipping options.
How Do Michigan Contract Bonds Work?
Michigan contractor bonds protect consumers who could be harmed by defective construction or other license noncompliance as well as any unpaid subcontractors or vendors.
If a contractor breaks the bond terms, the surety company will pay out valid claims to harmed parties which the contractor is responsible for reimbursing.
How to Get a Contractor License in Michigan
Michigan contractor licensing is managed at the local level, so application requirements vary depending on the regulatory agency enforcing them. However, submitting a contractor license application and surety bond is required in most municipalities.
How to Become a Licensed Security Alarm Contractor in Michigan
You must meet the following requirements to apply to become a Michigan security alarm contractor:
- At least 21 years old
- Hold high school diploma or its equivalent
- No felony convictions
- No outstanding warrants
- Michigan office location and a resident manager
- Surety bond or insurance policy
- Proof of relevant experience or proof of passing the state exam
File all supporting documentation and licensing fees to the Bureau of Licensing and Regulatory Affairs to get your Michigan security alarm installer license. You can apply online using the MiCLEAR portal.
More Resources
- Michigan Licensing and Regulatory Affairs: Security Alarm Contractors
- Clinton Township Building Department
- Detroit: Online Bond Application
- Genesee: Sewage Licensing
- Lansing: Demolition
- Roseville Engineering Department: Concrete Permit Application
- Shelby Township Building Department
- Southfield Building Department
- St. Clair Shores Building Department
- Walker: Contractor License Application
- Warren City Clerk: Cement Contractor Application
Have Questions?
Call 1 (800) 308-4358 to talk with a Surety Expert today.
