We specialize in California Contractor License Bonds
Need an instant bond? Click here to quote and purchase a bond from one of our many markets.
The longer the term – the lower the rate!
We offer bond terms of 1, 2, 3, 4, and even 5 years to help save you money.
Per the California Contractors State License Board (CSLB):
A Contractor’s Bond must be in place before CSLB can issue an active license, reactivate an inactive license, or renew an active license. (Business and Professions Code Section 7071.6).
The bond is filed for the benefit of consumers who may be damaged as a result of defective construction or other license law violations, and for the benefit of employees who have not been paid wages that are due to them.
Requirements for the Contractor’s Bond:
- The bond must be written by a surety company licensed through the California Department of Insurance.
- The bond must be in the amount of $25,000.
- The business name and license number on the bond must correspond exactly with the business name and license number on the CSLB’s records.
- The bond must have the signature of the attorney-in-fact for the surety company.
- The bond must be written on a form approved by the Attorney General’s Office.
- The bond must be received at the CSLB’s Headquarters Office within 90 days of the effective date of the bond.
What is the difference between a bond and an insurance policy:
- Surety bonds are a three-party agreement between the surety bonding company, the principal, and the obligee. The party requiring the bond is the obligee. A local municipality, city, or state (public entities) are often obligees.
- Insurance is a two-party agreement between the policy holders and the insurance company. In a covered loss, the insurance company compensates the insured.
Other Available Bonds
- Commercial Bonds
- Contract Bonds
- Contractor License Bonds
- Corporate Commercial Bonds
- Court Bonds
- Bid Bonds
- DMV Bonds
- Energy Bonds
- Errors & Omissions Bonds
- Fidelity Bonds
- Fiduciary Bonds
- License & Permit Bonds
- Miscellaneous and Federal Bonds
- Payment Bonds
- Performance Bonds
- Public Official Bonds
- Real Estate Bonds
- Surety Bonds
Need a bond? Click here to quote and purchase a bond today from one of our many markets.
*Our lowest available rates at this time are:
1 Year: $150.00
2 Years: $262.50
3 Years: $375.00
4 Years: $564.00
5 Years: $704.00
*Prices shown above are based on multiple factors including personal credit, years in business, history of license, and active licensing and bonding. Rates are subject to change at any time and do not constitute an offer of bonding. Not all available pricing tiers are shown. Contact our office for a quote specific for you.