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License Bond News, Notes & Legislation

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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 in California following the collapse of the housing industry just a few years ago, Suretec has stepped up to provide an affordable bonding alternative for contractor's facing escalating bonding costs as a result of many challenges, including less than optimal credit profiles. About Suretec Suret....
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Recent Articles

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

TweetFor 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?

TweetMany 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?

TweetContractors 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?

TweetA 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 …

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American Contractors Indemnity Contractor Bonds Image
October 31, 2012
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American Contractors Indemnity Contractor Bonds

TweetCalifornia contractors are perhaps more familiar with American Contractors Indemnity than any other surety in California when it comes to contractors license bonding and for good reason.  American Contractors Indemnity has underwritten more California contractor license bonds over the past …

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CSLB Advertising Guidelines For California Contractors Image
October 27, 2012
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CSLB Advertising Guidelines for California Contractors

TweetThe promotion of a contractors business should be a top priority for all California construction professionals looking to grow their enterprise.  However, to maintain compliance with Contractors State License Board regulations, contractors in California should become familiar with acceptable advertising guidelines …

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Contractors Surety Bond Definition Image
October 23, 2012
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Contractors Surety Bond Definition

TweetA contractor’s surety bond is a three party contract between a principle (the contractor who must procure a bond), an obligee (the entity that requires the bond such as a government agency, supplier or project owner) and the surety providing …

Posted in: Blog
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