Contractors License

Offered by Patriot Bonding, LLC

Contractor License Bond General Contractor Bond Contractor Bond License And Permit Bond Permit & License Bond

Description

As a condition of licensure, contractors are required to post some form of security deposit with the State or Local Contractors License Board. Surety Bonds are commonly used for this purpose. A Contractors License surety bond is a contract in which a surety company promises the State of Local Government that the contractor will comply with the State of Local Contractors Licensing Laws.Generally, the contractor's obligation is to avoid committing violations of their Contractors Licensing Laws that are grounds for disciplinary action against their license. The law should describe specific violations that the bond will cover. If the contractor does not comply with the conditions of the bond, a consumer, supplier, or an employee may file a claim against the bond.A surety bond should not be confused with an insurance policy since there are important distinctions between the two. One important difference is that the contractor remains liable for his or her own obligations and must repay the surety for losses incurred by the surety as a result of the contractor's actionsSourced by : http://www.cslb.ca.gov/Resources/GuidesAndPublications/ContractorsLicenseBondsGuide.pdf

Details

Carrier Information

9 Rated Carriers

Admitted

Listing Contact

Rob Netzel Owner

Offered By

Patriot Bonding, LLC

10 listings in 50 states + DC

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Availability 50 states + DC

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

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