Learn how a contractor license bond works, including what it covers, how to get one, and the bond claim process.
When it comes to getting the best deal on home construction, one of the best ways to get that is to learn how to do contractor bonds to protect homeowners from unscrupulous contractors. Unfortunately, many people are not aware of the process and what to look for in bonds. So, before you decide to buy one, it’s essential to learn about them. What exactly is a bond? A bond is a type of collateral that can be used to secure loans. The collateral must be worth at least one-hundred thousand dollars...
We provide California contractor bonds and insurance to licensed contractors at the most affordable rates in the industry. Quote & issue your bond today!
License Bond Templates ; If you are in need of a license bond for your business or profession, look no further. We offer a wide selection of license bond forms to choose from, ensuring that you will find the perfect bond that meets your specific needs. Our license bond collection includes various bonds for different industries and states. Our license bond forms are designed to comply with the requirements set forth by licensing authorities. Whether you are an escrow licensee in California, a manufactured housing licensee in Texas, or a manufact ...
The Surety Place Guide to Obtaining a Contractor License Bond. 💪 📜 🏗 Insightful article highlighting the 2024 Midyear Construction Outlook. There’s…
LICENSE TYPE, CONTEMPLATED GROSS VOLUME (PER LICENSE), BOND AMOUNT ; Residential General Contractors, Less than $750,000, $9,000 ; Residential General Contractors, $750,000 or more, $15,000 ; Residential Specialty Contractors, Less than $375,000, $4,250 ; Residential Specialty Contractors, $375,000 or more, $7,500 ; Commercial General Contractors (Includes General Engineering Contractors), $150,000 or less, $5,000 ; Commercial General Contractors (Includes General Engineering Contractors), In excess of $150,000 but not more than $500,000, $15,000 ; Commercial General Contractors (Includes General Engineering Contractors), In excess of $500,000 but not more than one million, $25,000 ; Commercial General Contractors (Includes General Engineering Contractors), In excess of one million but not more than five million, $50,000 ; Commercial General Contractors (Includes General Engineering Contractors), In excess of five million but not more than ten million, $75,000 ; Commercial General Contractors (Includes General Engineering Contractors), Over ten million, $100,000 ; Commercial Specialty Contractors, $150,000 or less, $2,500 ; Commercial Specialty Contractors, In excess of $150,000 but not more than $500,000, $7,000 ; Commercial Specialty Contractors, In excess of $500,000 but not more than one million, $17,500 ; Commercial Specialty Contractors, In excess of one million but not more than five million, $25,000 ; Commercial Specialty Contractors, In excess of five million but not more than ten million, $37,500 ; Commercial Specialty Contractors, Over ten million, $50,000
contractor license bond, is a required bond for a construction project. A contractor is required to have construction bonds for nearly all government and public works projects. A contractor...
We specialize in contractor license bonds and general liability insurance for California contractors. We have been in business longer than any California contractor-focused insurance agency and our experienced team delivers reliable and fast service
License and permit bonds: License and permit bonds guarantee that the contractor and their employees will comply with all regulations and laws. This bond is often required by regulators....
State of Washington, Labor & Industries contractor license and bond data.