Metayer Bonding Associates Can Provide These Bonds For You
Crumbling foundations in Connecticut have been the source of news for some time now, as homeowner’s look to ensure the safety and health of their homes and foundations.
If you are going to be working with homeowners on this issue, you will first have to provide a Deposit Security Bond with $250,000 as a minimum amount. This bond form has been approved by the Connecticut Foundation Solutions Indemnity Company (CFSIC) and issued to contractors who meet Bond Company credit and underwriting requirements.
Below are the qualifications a homeowner should meet before filing for a claim:
This is where the homeowner’s foundation is badly ruined. This is a provision for them to seek financial assistance for foundation replacement.
This is the type of claim that is made by a homeowner if they have replaced the foundation, in part or in whole, meeting the set guidelines.
If your company meets the standards of the Capitol Region Council of Governments, you may be eligible to participate in the CFSIC program.
For more information about the CFSIC Program, visit the CFSIC website.
At Metayer Bonding Associates we offer Surety Bonds for Contractors throughout the Northeast including a heavy concentration of clients in Connecticut. We can help you obtain this bond. In order to get started, please fill out the form provided here and we will contact you shortly.
Listed below are examples of the bond companies we work with.