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Contractor License Bonds
In many states, 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
Each state that requires contractor license bonds has regulations to ensure that bonds are properly in place. The individual state determines the bond limit and type based on the contractor’s license and total annual revenue. The types of bonds vary by state and can include General Contractor, Specialty Contractor, Residential Contractor, Commercial Contractor, Dual License Contractor, and Taxpayer Bonds.
With Go Bonds, you get fast, simple, and affordable contractor license bonds.
All Your Essential License Bonds in One Place
Have questions about bond requirements?
Review our Frequently Asked Questions page.
Visit our Glossary of Terms to gain better insight into insurance.
Not Quite Sure Yet?
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J.E.P. Capital, Inc. dba GO BONDS
P.O. Box 277817
Sacramento, CA 95827-7817
CA DOI License #0G80249
AZ DOI License #3001940599
NV DOI License #3795290
OR DFR License #3001957626
WA OIC License #1158271