Coventry demolition bond.
From $100.
The Town of Coventry requires a demolition bond before you take down a structure. It guarantees you clear the debris, cap utilities, and restore the site safely — protecting the town and neighbors. The premium is 0.5% of the bond amount, with a $100 minimum — enter your amount and see your exact price in the application.
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How much does a Coventry demolition bond cost?
0.5% 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 Coventry demolition bond — enter your amount, pay, and file with the town. Here is the whole thing:
Apply online
Your business details, the bond amount the town required, and the effective date — that is the application.
Issued on the spot
No credit check up to $100,000.
File with the Town of Coventry
Submit the executed bond with your demolition permit to the town building official. Wet-ink originals mailed whenever the town insists on them.
What it is and who needs it.
What the Coventry demolition bond covers
The Town of Coventry conditions a demolition permit on a surety bond filed with the town. The bond guarantees a contractor who takes down a structure removes the debris, caps utilities, fills and grades the site, and leaves it safe rather than abandoning a hazard.
It is a three-party arrangement: you (the principal), the surety carrier standing behind you, and the Town of Coventry (the obligee). If a site is left unsafe or unrestored, the town can recover its cleanup costs against the bond.
It is not insurance for you — if the surety pays the town, you repay the surety. Contractors who finish and clean the site treat the bond as a permit formality. The premium is 0.5% of the bond amount, with a $100 minimum, and no credit check up to $100,000.
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 Town of Coventry. Submit the executed bond with your demolition permit to the town building official. Wet-ink originals mailed whenever the town insists on them.
What sets the price
The premium is 0.5% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $100,000. 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 Town of Coventry set — the executed bond is generated instantly, ready to file.
Start the application →Common questions.
Other Rhode Island bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Coventry demolition bond, issued today.
Pricing from $100. Enter the amount the town required and file the same day.