California Contractor License Bonds – Quote Online Now!
We are proud to offer California Contractor License Bonds as low as $79/year. Our online contractor license bond system can help contractors quote and get their license bond. Quote Your Bond Now!
It’s really easy!
The Bond Stop has access to many contractor license bond markets, so we can offer you options that can get your Contractor License Bond today. As a contractor bond focused agency, The Bond Stop knows the Contractor License Bond market and can get you the best rate based on your credit situation.
What is a Contractor License Bond?
Simply put, a contractor license bond is a contract in which a surety company promises the state that a contractor will not commit any violation of California contractor license law that is grounds for disciplinary action against the license. Specifically designed for contractors and builders, contractor license bonds are a type of surety bound. In most states, contractors are required to carry a contractor license bond. Contractor license bonds are designed to protect consumers and employees who are owed money, work or unpaid wages. Contractor license bonds ensure that contractors operate in compliance with local and state laws.
Why Do I Need Contractor License Bond?
If the contractor does not comply with the conditions of the law, a claim can be filed with the surety company against the contractor’s bond. Claims against a surety company may be filed by any persons damaged by willful and/or deliberate violation of a construction contract, including homeowners or contractor employees. In many states, contractors must file a contractors license bond or cash deposit to obtain or renew their contractors license.
The Bond Stop works with contractors everyday to find the right contractor license bond for their individual situation. Call us now at 619.464.1154 to get your Contractor License Bond today.