Αποτελέσματα Αναζήτησης
This section provides information on bond requirements, including Contractor's Bonds, Bonds of Qualifying Individuals, and Disciplinary Bonds.
- Bond Suspensions
A bond must be received within 90 days of the bond effective...
- General Bond Information
A second bond filed for the same period cancels out the...
- Bond Requirements
The bond must be in the amount of $25,000. The business...
- Bond Alternatives
For a disciplinary bond, the check must be in the amount...
- Bond Suspensions
Key Bond Requirements. 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.
The bond must be in the amount of $25,000. The business name, license number, and qualifier's name on the bond must correspond exactly with the information on the CSLB's records. The bond must have the signature of the attorney-in-fact for the surety company.
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This guide provides information for insurance agents to help contractors on California Contractor License bonds. Effective January 1, 2023, the limit on the California Contractor License bond has increased from $15,000 to $25,000 as a result of Senate Bill 607. This page has been updated to reflect the change.
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.
Contractor license bonds provide a financial guarantee to the state of California to ensure contractors operate in a legal and ethical manner. If a contractor’s customer is financially harmed as a result of a state law violation, then a bond payout may occur.