Florida Contractor License Bonds

Florida Contractor License Bonds

Florida Contractor License Bonds and their requirements vary from city to city. They each have specific regulations and bond amounts. 

The bond amount typically falls within the range of $1,000 to $25,000, and the associated premium rates usually vary from 1% to 10% of the bond amount. The cost, often referred to as the bond’s premium, is crucial information for contractors aspiring to work in Florida. This premium is calculated as a percentage of the total bond amount required. Various factors, including the contractor’s credit score, significantly influence this premium.

Understanding the pricing details is essential, considering that bond requirements can differ significantly across Florida counties or municipalities. In general, contractors should be prepared to secure a bond within the $1,000 to $25,000 range, resulting in a potential cost as low as $100. The fluctuation in bond premiums typically ranges between 1% and 10% of the bond amount. Contractors with excellent credit histories often enjoy lower premiums, as their strong track record signifies reduced risk.

How Do I Apply for A Florida Contractor License Bond?

Just click on the bond that you need below and you will be directed to the coinciding bond application and payment screen. 

Please contact us at 239-235-9520 and one of our agents will be happy to assist!

Our Advantage

Our relationships with top carriers and decades of experience allow us to consistently provide the best bond at the lowest cost to our customers. With a wealth of knowledge in processing bonds based on each state’s unique requirements, we can walk you through the process smoothly and accurately. Let us know how we can help!

Other Insurance Services

We are a full-service insurance agency that specializes in construction insurance as well as trucking and other artisan specialties. We can help you obtain the following coverages for your company: