Georgia Residential and General Contractors License Bond
Flat Rates & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $25,000 | 1 Year | $125 |
Residential and general contractors in Georgia must demonstrate financial responsibility as part of the state licensing process. For applicable license categories, contractors who do not satisfy the required financial responsibility through the specified net worth or other accepted financial documentation may use a $25,000 surety bond; the State Licensing Board for Residential and Commercial General Contractors requires the bond to satisfy the financial responsibility requirement for licensure.
Cost of a Georgia Residential and General Contractors License Bond
The cost of the Georgia residential and general contractors license bond is $125 per bond term with NNA Surety. Get your bond from NNA Surety and use it today.
Why You Need a Georgia Residential and General Contractors License Bond
The Georgia residential and general contractors license bond is one way eligible applicants can demonstrate the financial responsibility required for state contractor licensure. For example, Georgia's residential contractor licensing materials allow applicants who do not affirm the required $25,000 minimum net worth to submit a $25,000 surety bond or another accepted form of financial documentation.
The Georgia surety bond involves three parties:
- Principal: Residential or general contractor
- Obligee: State of Georgia
- Surety: Bonding company
The state's residential contractor surety bond form binds the principal and surety for $25,000 for the use and benefit of purchasers of structures built by the contractor, as well as their vendees or successors in title. If the surety pays a valid claim against the bond, the contractor is responsible for reimbursing the surety for the amount paid.
How to Get a Georgia Residential and General Contractors License Bond
Follow this simple bonding process:
- Complete this bond application with your business and personal information.
- Pay the $125 premium to activate the bond.
- Submit the required bond and power of attorney with your licensing application to the State Licensing Board for Residential and Commercial General Contractors.
NNA Surety makes it quick and easy to secure your Georgia bond with a simple online application, no credit check, instant issue, and immediate download.
Apply for Your Georgia Residential and General Contractors License Bond Today
Get the $25,000 Georgia residential and general contractors license bond you need to satisfy applicable financial responsibility requirements. Apply Now to purchase your bond and download it for immediate use. For more information, call 855-457-2196 to speak to our team of Georgia surety bond experts.