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Arizona Contractor License Bonds
Arizona contractors must secure and post a license bond in order to work. The license bond protects subcontractors, residential or commercial clients, and suppliers should the contractor cause damage to these parties. It ensures that an individual can seek financial restitution if the contractor refuses or is unable to reimburse a claimant for damages.
Types of Contractor License Bonds
The Arizona Registrar of Contractors (AZ ROC) regulates the state’s contractors and ensures that bonds are properly in place. Arizona determines the bond limit based on the contractor’s license type and total annual revenue.
With Go Bonds, you get fast, simple, and affordable contractor license bonds.
Residential Contractor License Bond Application
Residential General Contractor
For contractors who construct or repair any residential property. The bond can range from $9,000 to $15,000 based on state-imposed requirements associated with your filed gross receipts and license type. The costs can start as low as $50 per year but may vary based on the bond value and the personal credit associated with the licensee. If qualified, a multi-year option may be available with longer terms carrying a reduced annual rate.
Residential Specialty Contractor
For contractors who engage in contract work corresponding to their specialty classification(s) on a residential property. The bond can range from $4,250 to $7,500 based on state-imposed requirements associated with your filed gross receipts. The costs can start as low as $100 per year but may vary based on the bond value and the personal credit associated with the licensee. If qualified, a multi-year option may be available with longer terms carrying a reduced annual rate.
Commercial Contractor License Bond Application
Commercial General Contractor
For contractors who construct, alter, and repair any commercial property or supervise subcontractors performing work on a property. The bond can range from $5,000 to $100,000 based on state-imposed requirements associated with your filed gross receipts. The costs can start as low as $50 per year but may vary based on the bond value and the personal credit associated with the licensee. If qualified, a multi-year option may be available with longer terms carrying a reduced annual rate.
Commercial Specialty Contractor
For contractors who engage in contract work corresponding to their specialty classification(s) on a commercial property. The bond can range from $2,500 to $50,000 based on state-imposed requirements associated with your filed gross receipts and license type. The costs can start as low as $100 per year but may vary based on the bond value and the personal credit associated with the licensee. If qualified, a multi-year option may be available with longer terms carrying a reduced annual rate.
Dual Contractor Bond Application
For contractors who engage in both commercial and residential contract work for their license type (general, specialty and engineering). The bond can consist of any combination of the various residential and commercial limits based on state-imposed requirements associated with your filed gross receipts. The costs can start as low as $75 per year but may vary based on the bond value and the personal credit associated with the licensee. If qualified, a multi-year option may be available with longer terms carrying a reduced annual rate.
Taxpayer Bond
For contractors who must be licensed with the Registrar of Contractors (new or current), dealers of manufactured housing, or prime contractors. The bond amount varies depending on the type of work being performed. Factors to determine the bond amount include:
- The gross value of the contract.
- The value of the land is included in the contract.
- The overall volume of work.
The costs can start as low as $175 for a two-year term but may vary based on the bond value and the personal credit associated with the licensee. This bond type is only sold in two-year terms.
Have questions about bond requirements?
Review our Frequently Asked Questions page.
Visit our Glossary of Terms to gain better insight into insurance.
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