Florida Contractor License Bond

Instantly obtain a license bond

 Please note that the following information is related to contractor’s license bonds. If you are a contractor seeking information on obtaining contract surety bid and performance bonds, please visit our contract bond page.

What is a Florida Contractor License Bond?

In Florida, a Contractor License Bond is often required by the state and its local municipalities before contractors can work on construction projects located in those municipalities.  The State of Florida requires contractor license bonds for certain contractors to be held prior to undertaking construction services. The Florida Contractor License Bond typically seeks to ensure that a contractor will adhere to state statutes and local municipal codes. The State of Florida, or another local agency, will be named as the obligee on the bond. A Contractor License Bond must be obtained from an insurance company licensed to write surety bonds in Florida.

Obtaining a Contractor License Bond for my trade. 

Contractor License Bonds may be required in Florida on a state, county, town or municipal level.  Since Colonial is a direct and digital insurance company, you can easily obtain a bond customized to your location’s requirements.  Below are a few examples of state-wide requirements by trade.   http://www.leegov.com/dcd/ContLic

  • Surety bond for Division I require a license bond in the amount of $10,000
  • Surety bond for Division II require a license bond in the amount of $5000

Surety bond amounts without course completion- $20,000 for Division l or $10,000 for Division ll. Class A Air Conditioning Contractor, Drywall, Division 1, Division 2, Residential Pool, Pool Servicing, Spa Servicing, Irrigation Specialty, Plumbing, Plummer, Financial Responsible Officer.

Colonial issues these examples of Contractor License Bonds, as well as all other types of contractor license bonds required by state counties, municipalities and towns.

What is the process to obtain the bond?

Colonial offers one of the fastest ways to obtain a Contractor License Bond.  We are the insurance company — which means no agent, no broker, and no middleman. There is no turnaround time to obtain your bond.  The steps are simple- get a free quote online, fill out your information, answer our underwriting questions, and enter your payment method. Your bond will be available in a PDF or original form, and always accessible to you online.  It’s that simple!

What does a Contractor License Bond cost?

A Contractor License Bond is reasonably priced and easy to obtain — so that you can run your business.  You may notice that with other insurance agents and middlemen companies, your premium rate will fluctuate and include additional hidden fees and costs.  Not at Colonial. We offer a flat rate for each contractor’s license bond.

Does it matter where I get my bond?

It is important to understand how surety bonds work, and who is the insurance company issuing your bonds. It is easy to run your business when you deal direct with a quality insurance company licensed in Florida to write surety bonds. Colonial is an A (Excellent) rated insurance company by A.M. Best, that has been incorporated since 1930. We are Treasury listed, and licensed and admitted in all U.S. states and territories.