Bond Renewal Season: Are You Really Compliant? - What Every NJ Contractor Must Know About Surety Bonds

Bond Renewal Season: Are You Really Compliant? - What Every NJ Contractor Must Know About Surety Bonds

Join us for a 
Breakfast & Learn


Bond Renewal Season: Are You Really Compliant?” 
What Every NJ Contractor Must Know About Surety Bonds


March 12th
10:00 - 11:30 AM


Location:
Pastrami House Delicatessen
82 Speedwell Ave.
Morristown, NJ 07960

Fees
Members - $25 per person
Non Members - $35 per person



What Happens When Someone Claims Your Bond?
Since April 2025, New Jersey has required surety bonds for residential contractors. Many of you rushed to get bonded last spring to meet the deadline.

But here's the reality most contractors don't understand:
When a homeowner, supplier, or employee files a claim against your bond, you could be facing financial disaster. Why? Because surety bonds are NOT insurance.
  • The surety company pays the claim
  • Then they come after YOU for every penny
  • Plus legal fees, investigation costs, everything
  • You're personally liable for the full amount
  • This can destroy your ability to get bonded again
  • One claim can put you out of business
If you rushed to get bonded last year without fully understanding this, you need to be in this room.

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Critical for These Trades:
Painters | Plumbers | Electricians | HVAC Contractors | Roofers | Siding Contractors | General Contractors | Kitchen & Bath Remodelers | Flooring Installers | Drywall Contractors | Window/Door Installers



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Presenter:
Martha Mistretta
HUB INternational Northeast


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Date and Time

Thursday Mar 12, 2026
10:00 AM - 11:30 AM EDT

March 12
10 - 11:30 AM

Location

Pastrami House
82 Speedwell Ave
Morristown, NJ

Fees/Admission

$25 Members
$35 Non Members

Website

http://metrobca.org

Contact Information

973-887-2888
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