Contractor License
A Contractor License Bond promises that the contractor will operate his/her business as stated by the local or state government.
Contractor License Bonds are being underwritten similar to other commercial surety bonds. The bonds are not particularly risky, therefore allowing for placement with a variety of different bonding companies. Rates are similar to other commercial bonds, which vary greatly, depending on the credit scores of the applicant.
Surety1 writes hundreds of Contractors License Bonds Nationwide. California Contractors License Bond amount is $12,500 and can be purchased for as low as $116.00 per year. We also have programs available for Bad Credit Contractors License Bonds. Oregon Contractors License bond amounts vary by the class of work being performed and the annual volume. Nevada Contractors License Bonds can be for as much as $50,000. Washington Contractors License bond amounts are either $6,000 or $12,000 depending on the classification.
For a surety bond quote contact surety1 today!
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