Kokomo demolition permit bonds.
From $100.
The City of Kokomo, Indiana requires a surety bond before it issues a demolition permit to tear down a structure in the city. Premiums are 2% of the bond amount, $100 minimum — your exact price is calculated directly from your bond amount and appears at the application.
Trusted by industry leaders
How much does a Kokomo demolition permit bond cost?
2% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard demolition permit bond — enter your amount, pay, and file with the city. Here is the whole thing:
Apply online
Your business details, the bond amount the city required, and the effective date — that is the application.
Issued on the spot
No credit check up to $30,000.
File with the city
Submit the executed bond with your City of Kokomo demolition permit application. Wet-ink originals mailed whenever the city insists.
What it is and who needs it.
What the bond actually guarantees
Before you demolish a structure within the City of Kokomo, Indiana, the city requires a demolition permit and a surety bond. The bond is a performance-and-restoration guarantee: it stands behind your obligation to demolish safely, properly cap and disconnect utilities, remove debris, and restore the site to the city’s standard.
It is a three-party arrangement: you (the principal), the surety carrier standing behind you, and the City of Kokomo (the obligee). If a demolition is abandoned, leaves an unsafe site, or damages adjacent public property and is not corrected, the city can recover against the bond to finish or fix the work.
It is not insurance for you — if the surety pays a claim, you repay the surety. Contractors who demolish cleanly, cap utilities, and close out their permits treat the bond as a permit formality, not a risk.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with the city. Submit the executed bond with your City of Kokomo demolition permit application. Wet-ink originals mailed whenever the city insists.
What sets the price
The premium is 2% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $30,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with the bond amount the City of Kokomo set — the executed bond is generated instantly, ready to file with your permit.
Start the application →Common questions.
Other Indiana bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Kokomo demolition bond, issued today.
Premium from $100. Enter the amount the city set and file the same day.