Parma specialty contractor bonds.
$125 flat.
The City of Parma requires a $25,000 specialty contractor bond as a condition of registering as a specialty (trade) contractor in the city. Ours is $125 flat — the checkout price, the same for everyone. No credit check.
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How much does a Parma specialty contractor bond cost?
$125 at the $25,000 amount, the same for every applicant.
Three steps. One sitting.
Municipal license bonds are 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
Specialty contractor bonds like this issue right after purchase for most applicants.
File with the City
Your executed bond arrives by email, ready to file with the City of Parma Building Department with your specialty contractor registration. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
A Parma specialty contractor bond is a compliance guarantee to the City. It stands behind your promise to follow the City of Parma’s building and contractor ordinances and perform your specialty trade work to code within the city.
It's a three-party arrangement: you (the principal), the surety carrier, and the City of Parma (the obligee). If you violate the city's contractor or building requirements and the city or a property owner is harmed, they can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. Specialty contractors who work to code treat the bond as a registration formality, not a risk.
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 bond runs to December 31 whatever day you buy; the premium covers the period to that date.
Renewal falls on the statutory date, December 31, 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 the City. Your executed bond arrives by email, ready to file with the City of Parma Building Department with your specialty contractor registration. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $125 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 Ohio bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your Parma registration today.
$125 flat, no credit check, bond often issued in the same sitting. Free until issued.