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License Bond News, Notes & Legislation

Contractor License Bonds For New Applicants Image
July 26, 2014
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Contractor License Bonds For New Applicants

Congratulations on your journey to becoming a licensed contractor in California!  If you're reading this, there's a good chance you've reached the point in the licensing process where you've been assigned your application fee number by the Contractors State License Board and have received a letter indicating you need to show proof of bonding.  What's the next step in the bonding process?  It's actually quite simple as you'll see below.  The Bonding Process The CSLB requires California contractors to post a $12,500 license bond, or cash eq....
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Recent Articles

Surety Directory- California Contractors License Bonds  Image
June 23, 2014
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Surety Directory- California Contractors License Bonds

One of the most common questions contractors have regarding their bond is where the contact information for their surety can be found.  Below is a directory of some of the more common sureties that write contractors license bonds in California …

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What Is A Contractors License Bond Indemnity Agreement
September 29, 2013
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What Is A Contractors License Bond Indemnity Agreement?

Any contractor that has purchased a contractors license bond in California has signed an indemnity agreement as part of the bonding process, but how many have taken the time to read what it entails? While often misunderstood, a California contractors …

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February 21, 2013
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Suretec California Contractor License Bonds

In just a few years, Suretec has emerged as one of the top providers of California contractor license bonds in the state by providing highly competitive rates and great service. While many surety’s have abandoned the contractors license bond arena …

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January 23, 2013
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How Does A New California Contractor Become Bonded?

For many aspiring contractors still navigating the licensing process, becoming bonded to satisfy CSLB guidelines can seem like a confusing process as its likely the first surety bond they’ve ever had to purchase. Fortunately, we’ve greatly simplified the license bonding …

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Who Benefits From A California Contractors License Bond Image
January 10, 2013
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Who Benefits From A California Contractors License Bond?

Many contractors will be surprised to learn that a California contractors license bond is not for their own benefit, rather, it’s to protect their customers and employees from a contractor’s harmful actions such as faulty workmanship or unpaid wages. While …

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What Are The Penalties For Contracting Without A License In California Image
December 16, 2012
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What Are The Penalties For Contracting Without A License In California?

Contractors entertaining the idea of illegally operating without a license in California should think twice as it’s perhaps the worst occupational decision one can make for several reasons. In addition to stiff criminal & financial penalties, unlicensed contractors also have …

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How Long Is A California Contractors License Bond Valid Image
November 30, 2012
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How Long Is A California Contractors License Bond Valid?

A contractor’s license bond can be valid for as little as one year or as many as five years depending on the surety. California contractors with good credit usually have an opportunity to purchase a license bond with a term of …

Posted in: Blog
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