Starting a contracting business in New Jersey is a rewarding venture, but it comes with a specific set of rules to keep you legal and protected. At StreetSmart Insurance, located right here in Freehold, NJ, we talk to contractors every day who are looking to grow their businesses.
The most common questions we get are: “Do I really need a license?” and “How do I get bonded without breaking the bank?”
Here is everything you need to know to stay compliant and protect your livelihood.
The NJ Contractor License: It’s Not Optional
In New Jersey, most home improvement contractors are required by law to register with the Division of Consumer Affairs. Whether you are doing roofing, painting, landscaping, or general remodeling, having that license number isn’t just about following the law—it’s about trust.
Homeowners in Monmouth County and across the state are doing their homework. They want to see that you are registered and professional. Operating without a license can lead to heavy fines and can even prevent you from filing a lien if a client refuses to pay.
General Liability: Your Safety Net
To get your registration/license, you’ll need proof of General Liability Insurance. This isn’t just a “check the box” requirement; it’s what keeps you in business if an accident happens on-site.
At StreetSmart Insurance, we specialize in NJ contractor policies. We know the local risks and can help you find a policy that covers your specific trade while keeping your overhead low.
Bonds are Easier (and Cheaper) Than You Think
Many local municipalities or specific types of jobs require a Surety Bond. Some contractors dread this because they think it involves mountains of paperwork and high costs.
Here’s the secret: Bonds are actually super cheap.
We’ve streamlined the process to make it as fast as possible. You can secure your bond online in minutes, often for a fraction of what you’d expect to pay.
Click here to get your NJ Contractor Bond instantly through our Propeller portal!
Why Choose StreetSmart Insurance?
We aren’t a giant, faceless call center. We are your neighbors in Freehold, NJ. We understand the New Jersey market, the specific state requirements, and the challenges small business owners face.
Our goal is to get you your certificates of insurance and your bonds quickly so you can get off the computer and back onto the job site.
Ready to get started?
Don’t let paperwork stand between you and your next big contract. Whether you need a quote for General Liability or just need a quick bond to pull a permit, we’ve got your back.
- Text or Call Us: (732) 462-8343
- Get your bond now: Instant Bond Link
- Stop by: Visit our office in Freehold to talk to an agent face-to-face!
Stay StreetSmart. Stay Protected.