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What is a Florida Construction License Bond?
The Florida Construction License Bond is required for construction contractors working in Florida that do not meet the financial responsibility requirement. If an applicant for a Florida Contractor’s License does not have a 660 credit score at the time of application, the applicant may still establish financial responsibility by obtaining a bond. Bond amounts are generally determined by the type of contractor’s license held by applicants. Division 1 applicants (General, Building, or Residential contractors) must apply for a $20,000 bond, while Division 2 applicants (other types of licensees) must apply for a $10,000 bond. Bond amounts may be halved if an applicant has completed a financial responsibility course. To determine the cost, complete our easy online application. The process for getting the license may differ depending on what license you are applying for. You. May check out the Department of Business and Professional Regulation website for more information.
How do I obtain a Florida Construction License Bond?
Complete our easy to navigate online application. Within one business day, one of our licensed agents will contact you with a no-obligation quote for your bond (the “premium”). When the paperwork is finished and the premium is processed, your surety bond will be shipped. Either via USPS Priority Mail or your preferred expedited shipping method(for an additional cost).
The surety bond experts at Surety Solutions Insurance Services, Inc.(Surety1), are available to help you get bonded quickly and with ease. We work with over a dozen “A” rated surety markets to ensure we find you the lowest rate for your bond. We are also licensed in all 50 states and maintain an A+ rating by the Better Business Bureau.