Most contractors will qualify for the rates quoted above. However, if you know that you have some problems in your credit history and would like a firm quote, please click the "Get A Quote" link above and fill out our online application or download an application and either fax or mail it back to us. An agent will contact you within 24 hours of receiving your request to let you know what your quote is. Please note that we can not provide quotes to contractors that currently have a valid bond with American Contractors Indemnity Company (HCC Surety Group).
C-39 and C-53 bonds rates are dependent on approved credit. Contractors with a superior credit score will recieve lower rates than those listed above.
| $1,000 - | 1 Year | $65 | 2 Years | $90 | 3 Years | $120 |
| $4,250 - | 1 Year | $170 | 2 Years | $298 | 3 Years | $425 |
| $5,000 - | 1 Year | $200 | 2 Years | $350 | 3 Years | $500 |
| $2,500 - | 1 Year | $75 | 2 Years | $85 | 3 Years | $100 |
| $5,000 - | 1 Year | $75 | 2 Years | $85 | 3 Years | $125 |
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What exactly is a bond?
A contractor has an obligation not to commit any violation of contractor license law that is grounds for disciplinary action against the license. If the contractor does not comply with the conditions of the law, a claim can be filed against his bond with the surety company. Claims against a surety company may be filed by homeowners, any person damaged by a willful and deliberate violation of a construction contract, employees damaged by the contractor's failure to pay wages, or an express fund damaged as a result of the contractor's failure to pay fringe benefits for eligible employees. (A court case has held the express trust fund provision superseded by federal law.)
For more information on contractors license bonds, the brochure, "A Guide to Contractors License Bonds" is available from California Contractors License Board Website. You might also have questions that are answered in our FAQ.
