CONTRACTOR’S LICENSE BOND
American Surety Bonds Agency, LLC provides simplified and fast underwriting for Contractor’s License Bonds.
What is a Contractor’s License Bond?
Many states, counties and municipalities require contractors to post bonds in order to obtain occupational licenses. The bonds guarantee that the contractor will comply with the laws in place governing the specific license.
The bond amount varies by state, county, municipality and bond type.
Types of Contractor’s License Bonds::
- Arborist Bond
- DOT Right of Way Bond
- Permit Bond
- State Contractor License Bond
- County Contractor License Bond
- Sidewalk Bond
- Retention Pond Bond
- Landscaping Bond
What are the underwriting guidelines?
Contractor’s License Bonds are underwritten on the following criteria:
- Bond Type
- Bond Amount
- Applicant’s Credit History
- Applicant and Business Net Worth
- Years in Business
- Claim History
- Length of the bond obligation
- Cancellation Clause
How much does the bond cost?
American Surety Bonds Agency has several programs in place for Contractor’s License Bonds starting as low as $100,Our 4-5 tiered programs encompass all applicants from small emerging contractors to large contractors.
How do I apply for a Contractor’s License Bond?
To apply for a Contractor’s License Bond, simply click here to complete our application. Or, give us a call and we will be happy to get you started.
Apply today, Approved Today!
Who can I contact for more information?
MM, Senior Underwriter
Are there any other bonds I might need?