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The bond must be written by a surety company licensed through the California Department of Insurance. The bond must be in the amount of $25,000. The business name and license number on the bond must correspond exactly with the business name and license number on the CSLB's records.
This section provides information on bond requirements, including Contractor's Bonds, Bonds of Qualifying Individuals, and Disciplinary Bonds.
The contractor license bond must meet the following requirements: The bond must be written by a surety company licensed through the California Department of Insurance. The bond amount is $25,000 as of January 1, 2023. The business name and license number on the bond must exactly match the CSLB’s records.
How Much Does the California Contractor License Bond Cost? The $25,000 California Contractor License surety bond costs between $141 to $1,625 per year or $15 to $163 per month. Insurance companies determine the rate based on a number of factors including your customer’s credit score and experience.
Online Services Quick Hits. Check a License or HIS Registration. Find My Licensed Contractor. Frequently Asked Questions. Forms and Applications. Guides and Publications. CSLB Laws and Regulations. List of All CSLB Fees. License Classifications.
You can locate surety (bonding) companies by checking your local yellow pages. Failure to maintain continuous bond coverage will result in the license being suspended. Any work performed while the license is suspended is considered to be unlicensed and disciplinary action can be taken against you.
Contractors commonly use a surety bond (referred to as a “contractor license bond”) where a surety company promises the State of California that it will pay damages if the contractor violates contractors’ state license law.
