A Roofing Contractor bond is designed to protect consumers against fraud and unethical practice. They are required by some municipalities, and they also ensure that roofing contractors abide by all local ordinances. The roofing industry is highly regulated. If a contractor fails to execute his or her duties as agreed, they are liable to pay restitution. Roofing contractors are required to pass a credit check, have their application approved, and go through other screening processes in order to qualify for a bond.