Handyman Insurance, What is a Contractor License Bond
Friday, Jan. 16th 2015 8:42 AM
Even though a contractor license bond is actually a type of license and permit bond, contractor license bonds are often mistakenly grouped in with contract bonds since they are used by construction professionals. Contractors must purchase these bonds before they can receive their contractors licenses at the state, county and/or city level. These bonds ensure that contractors follow all applicable licensing laws and regulations.
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