California Contractor License Bond Guide
Posted: January 21, 2023
Contractor License Bond Contractors are required to file a $25,000 contractor license bond with the California CSLB to maintain an active license. The bond protects the CSLB by transferring to a surety bond company the cost of damages to the public resulting from a licensed business breaking California's Contractor License Law. Rates for a $25,000 Contract License bond start from $128/year and is all based on...
California Contractor License Bonds Increase to $25,00
Posted: October 12, 2022
Effective January 1, 2023, the Contractors State License Board of California (CSLB) will increase a contractor license bond to $25,000 as detailed in Senate Bill 607. To meet this requirement, we will automatically increase all eligible in-force California contractor license bonds to $25,000 on January 1, 2023 via a blanket CSLB-provided rider. View the CSLB Industry Bulletin here. To maintain the principal's current California contractor license bond term(s), a...