Georgia General Contractor Limited Bond

A general contractor limited bond is required by the State of Georgia as a prerequisite to become a licensed general contractor on the limited tier in Georgia.

This license differs from the general contractor license as limited general contractors are limited to contracts of $500,000 or less. There is no restriction in the type of work able to be contracted for.

The bond guarantees that the limited general contractor will comply with the conditions of any written contract or warranty by the licensee or his or her agent made in connection with the sale or exchange of any structure built. The licensee also guarantees to pay any loss, damage, or expense sustained by any purchasers of any construction product and their vendees or successors in title due to any fraudulent misrepresentation of liens or titles regarding the structure.

General contractors on the limited tier are required by State of Georgia statutes to obtain a bond in order to obtain a limited general contractor license.

A $25,000 surety bond is required by the State of Georgia from a surety company authorized to conduct business in Georgia.

Colonial offers the direct and digital way to obtain a Georgia general contractor limited bond. We are the insurance company — which means no agent, no broker, and no middleman. We make it easy to obtain your bond instantly. The steps are simple — get a quote online, fill out your information, and enter your payment method. Print your bond from your home or office. It’s that simple!

A Georgia general contractor limited bond is reasonably priced and easy to obtain. You may notice that with other insurance agents and middlemen companies, your premium rate will fluctuate and include additional hidden fees and costs. Colonial offers our lowest possible rate. Premium is based on the amount of the bond required by the applicable government agency.

It is important to understand how surety bonds work and who is the insurance company issuing your bonds. It is easy to obtain a Georgia general contractor limited bond when you deal directly with a quality insurance company licensed 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.