BONDS

Contractor License Bond

A contractor bond in the amount of $15,000 is required for every contractor with an ACTIVE contractor license. The contractor has ninety (90) days to obtain this bond after passing the state exam. This bond must remain active in order to avoid license suspension. First time contractors may obtain this bond at the special rate of $140.00 for the first year. Renewals of this bond are based on credit and claim histories.

If the contractor business has an RME or RMO that owns less than 10% of the business, a separate individual qualifying bond in the amount of $12,500 is required.

To obtain a quote, please contact us at 1-800-823-6415, or click the link below.

Enter application fee or license number to get a quote.

Bid | Payment | Performance Bonds

Whenever a contractor is working on larger commercial or public projects, a bid, payment, contract, and/or performance bond may be required. Obtaining these bonds can be difficult, as the bonds are based on the contractor’s financial worth.

Pro—Builders Insurance provides contractors with Quick’n Ez Contract applications to get prequalified for bonds up to $250,000.

Please contact our office for pre-qualifications bonds higher than $250,000.

Call today for a quote at 1-800-823-6415.


Limited Liability Company (LLC) Bond - $100,000

Any contracting business operating in California as an LLC is required to post an employee bond for $100,000. This bond can be expensive, and requires adequate financial standing in order to purchase this bond.

Pricing for LLC bonds begins at $2,000/year, and is based on the client’s credit history and net worth.

To obtain a quote, please contact us at 1-800-823-6415, or click the link below.