Choosing a reputable contractor bonding agency can be a daunting task. With so many different agencies to choose from it can be difficult to know who you can trust and who will provide the customer service your company deserves.
The first thing to consider when shopping for your contractor’s bond is the rating and financial standing of the surety company. You want to be sure they will be in business for the long haul and will be able to service your account long into the future.
Most bonding agencies will base your premium upon credit so it will always to be your benefit to be diligent about your credit history as this will afford you the most competitive pricing.
Check with an agency who specializes in contractors insurance and bonding services. These professionals understand the unique needs of the construction industry and are better able to assist.
Most homeowners will be sure to check with the CSLB to ensure your license is still valid and a current bond is in place. Be sure to make sure you don’t get caught without proper bonding!