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Platinum Bonds Insurance Agency

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permit bond

Every person who makes contracts for the construction, erection, alteration, repair, removal or demolition of any building or structure Required when: Obtaining a permit for demolition or other listed activities in a jurisdiction that has adopted the section Exemptions: Nonprofit housing ministries that, through volun…

Bond amount"$10,000 for building permits under $25,000; $50,000 for building permits of $2…
State or jurisdictionTennessee
ObligeeDepartment of Codes Administration or other appropriate department of the municipality or county

Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.

Amounts can vary

Selected requirement: "$10,000 for building permits under $25,000; $50,000 for building permits of $2…. Other available requirements: "$10,000 for building permits under $25,000; $50,000 for building permits of $25,000 and larger; $40,000 for gas/mechanical, plumbing and excavation permits.". Exact options still depend on the obligee, state, and underwriting.

Google icon5.0 ★★★★★Google review profileBBB iconBBB A+ AccreditedView the agency profile
2323 yearsHelping clients and agents
Overview

What it is.

Every person who makes contracts for the construction, erection, alteration, repair, removal or demolition of any building or structure Required when: Obtaining a permit for demolition or other listed activities in a jurisdiction that has adopted the section Exemptions: Nonprofit housing ministries that, through volun…

Who usually needs it

Every person who makes contracts for the construction, erection, alteration, repair, removal or demolition of any building or structure

Pricing & timing

What to expect.

Generic pricing

Permit bonds are required for specific activities, construction projects, or business operations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger permit bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Many common permit bonds qualify for instant approval with no underwriting required. Requirements vary by jurisdiction and permit type.

Your quote determines the actual premium.

Typical timeframe

Issuance timeframe varies by bond type and underwriting

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

Platinum Bonds

Experience behind every bond.

Helpful guidance, a real agency team, and a clear path from research to application.

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“Finally a company that understands what customer service is supposed to be.”

★★★★★

“My bond application was processed and received very quickly.”

★★★★★

“I highly recommend you do business with these folks.”

★★★★★
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BBB A+ Accredited

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23 years

Offering service to clients and agents alike.

Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.

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