The Town of Walkerton, in St. Joseph County, requires a $5,000 contractor license bond to register as a contractor in the town. Ours is $275 flat — the minimum premium, since 3% of $5,000 is below it — with no credit check.
















Town contractor bonds are the simplest thing in surety. Here is the entire process:
Business details, contractor type, and an effective date. That is the application — no financials, no credit section.
License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond arrives by email, ready to file with your Town of Walkerton contractor registration. Wet-ink original mailed on request.
$5,000 bond — 3% is $150, below our $275 minimum, so the premium is $275 per term. Fixed amount, fixed price.
The Town of Walkerton conditions its contractor license on a $5,000 surety bond filed with the Town. The bond is a public-protection guarantee: it backs your compliance with the Town’s building, permit, and right-of-way rules while you work in Walkerton.
It is a three-party arrangement: you (the principal), the surety carrier, and the Town of Walkerton (the obligee), with the Town and harmed parties as the protected parties. If your work damages public property or violates the contractor ordinance, a claim can be made against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. Contractors who pull permits and restore the work site treat the bond as a license formality, not a risk.
These are the actual issuing fields — no credit check section, because this bond doesn’t have one.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
$275 flat, five-minute application, bond often issued in the same sitting. Free until issued.