Contractors License Secret Surety Bond Boosts Your Credibility

The Financial Implications of a Surety Bond

While the cost of a surety bond varies depending on several factors, including the type of work and the amount of coverage required, it is generally a small percentage of the total bond amount. Typically, contractors can expect to pay between 1% and 10% of the bond's value annually¹. This investment not only fulfills a legal requirement but also acts as a marketing tool, showcasing your commitment to quality and compliance.