Putnam County HIC bonds.
$438 flat.
Putnam County conditions a home improvement contractor license on a $25,000 bond. Ours is $438 flat — set by our carrier's rate book for this bond, the same for every contractor. The bond issues the moment you pay — no credit check.
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How much does a Putnam County HIC bond cost?
$438 at the $25,000 amount, the same for every applicant.
Three steps. One sitting.
Home improvement license bonds are about the simplest thing in surety. Here's the entire process:
Apply online
Business details and an effective date. That is the application. No credit check.
Pay & e-sign
License bonds like this issue right after purchase.
File with Putnam County Consumer Affairs
Your executed bond arrives by email, ready to file with your HIC license application. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
A home improvement contractor bond is a consumer-protection guarantee. Putnam County licenses contractors who do residential repair and remodeling — the bond gives homeowners and the County a financial backstop that you perform contracted work and follow the County's home-improvement rules.
It's a three-party arrangement: you (the principal), the surety carrier, and Putnam County (the obligee), with your homeowner customers as the protected parties. If a contractor abandons a job, fails to refund deposits, or violates the County's HIC law, a harmed homeowner can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. Contractors who finish their jobs and keep clean records treat the bond as a license formality.
You need this bond if you're
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 $25,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The carrier issues this bond for a single two-year term; the term cannot be changed at checkout.
Renewal falls on the statutory date, October 8, in the year your term ends.
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 Putnam County Consumer Affairs. Your executed bond arrives by email, ready to file with your HIC license application. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $438 at the $25,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
No credit check.
One application, issued instantly.
These are the actual issuing fields. No credit check.
Start the application →Common questions.
Other New York bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your Putnam County HIC license today.
$438 flat, no credit check, bond often issued in the same sitting. Free until issued.