The Village of New Boston requires a $10,000 bond to hold a contractor license and work in the village. Ours is $300 flat, which is 3% of the bond amount. The application is five minutes, with no credit check on this bond.
















License bonds are the simplest thing in surety. Here's the entire process:
Business details, your trade, and an effective date. That's the application — no financials, no credit check 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 and power of attorney arrive by email, ready to file with the Village of New Boston building department. Wet-ink original mailed on request.
$10,000 bond × 3% = $300, one-time per term. Fixed amount, fixed price, multi-year if you want it.
The Village of New Boston licenses the contractors who perform construction and trade work within the village, and conditions that license on a $10,000 surety bond. The bond is a compliance guarantee: it stands behind your obligation to follow the village's building code and ordinances and to restore any public property you disturb.
It's a three-party arrangement: you (the principal), the surety carrier, and the Village of New Boston (the obligee). If a licensed contractor violates the village code or damages public property and fails to make it right, the village can recover against the bond.
The bond must stay active for the life of your license. Let it lapse and your village contractor license can be suspended — so we track it and notify you 60 and 30 days out, keeping your $10,000 filing continuous.
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.
$300 flat, five-minute application, bond often issued in the same sitting. Free until issued.