The Arizona Contractors License - Commercial Only Bond starts at $100 plus shipping costs and fees. Fill out the form to buy your bond instantly!
The Arizona Commercial General Contractor - License B Bond starts at $100 plus shipping costs and fees. Fill out the form to buy your bond instantly!
The Arizona Dual License Contractor Bond starts at $100 plus shipping costs and fees. Fill out the form to buy your bond instantly!
The Arizona Residential General Contractor - License B Bond starts at $100 plus shipping costs and fees. Fill out the form to buy your bond instantly!
Arizona has two main categories of contractor license bonds (CLBs): commercial and residential. Like many states, the cost of a majority of the Arizona CLBs depends on your credit. This means the premium—what you pay—for your bond will be a percentage of the bond amount. That percentage is the premium rate, which is determined by your credit. The premium rate for standard credit starts around 1-3%, while bad credit may start around 6% or higher.
The bond amount varies based on the license classification and the contractor’s contemplated volume of work. Consequently, creating a broad range of prices for these bonds. The Arizona Registrar of Contractors has a chart that helps determine your required bond amount.
Say a Residential General Contractor has more than $750,000 in annual gross volume of work. In this case, they will need a bond amount of $15,000. With a 1% premium rate, they can expect to pay $150 for their bond. Fortunately, we offer free quotes for all bonds.
The Arizona Registrar of Contractors requires contractors to get a surety bond to protect the public from damages incurred by the contractor’s violation of licensing laws or unsatisfactory work. Obtaining a surety bond is a requirement contractors must fulfill before earning an active license.
The state of Arizona divides contractor bonds into four categories, listed below:
Arizona has a wide variety of license classifications. Despite there being only four categories listed above. Some contractors may have a dual license for residential and commercial work. If so, calculate the bond amount by combining the amount required for both license types.
Typically, when labor and materials exceed $1,000 or if a permit is required, you must have a license. While almost all contractors need a license, there are some exemptions. Below we’ve outlined what you can expect from the licensing process.
This is only a brief description of the steps required to obtain a license. Arizona’s Registrar of Contractors provides further information.
You’ll know if you need a surety bond because some entity will have required you to obtain one. They must also inform you of which specific bond type you’ll need. There are thousands of bonds across the country, all of which vary by state and industry.
Visit EZSuretyBonds.com to browse hundreds of bonds by state, type, or industry.