What is a Contractor License Bond?
Contractor’s License Bonds promise that the contractor will operate his/her business as stated by the local or state government.
Current Market: Contactor’s 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 applicant.
Special Programs: We developed a contractor license bond program with some of the nation’s largest carriers. It allows us to write contractor license bonds often at half of the cost of regular commercial surety programs. Whether you have bad credit, no credit, bankruptcies, tax liens, etc. we can help! Click the apply link above for a free quote. In many instances personal indemnification is not required, which is extremely rare in today’s surety market.
