Oregon Residential Restoration Contractor Bond
Flat Rates & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $15,000 | 1 Year | $135 |
Residential restoration contractors repairing homes after fire, water or storm damage in Oregon must meet applicable state licensing and bonding requirements. Required by the State of Oregon, the Oregon residential restoration contractor bond helps ensure contractors comply with applicable construction requirements and provides financial protection for covered incomplete or defective work.
Cost of the Oregon Residential Restoration Contractor Bond
The cost of the $15,000 Oregon residential restoration contractor bond is $135 per bond term with NNA Surety. Secure this surety bond today.
How the Oregon Residential Restoration Contractor Bond Works
The Oregon residential restoration contractor bond provides financial protection by holding licensed contractors accountable for complying with applicable requirements when performing residential restoration work.
The bond involves three parties:
- Principal: Residential restoration contractor
- Obligee: State of Oregon
- Surety: Bonding company
A claim against the bond may be filed for covered violations involving incomplete or defective restoration work. The principal is responsible for repaying valid claims paid by the surety.
How to Get the Oregon Residential Restoration Contractor Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this short online application.
- Pay the $135 bond premium.
- Receive the bond form via email.
- Download and file the bond as required for your Oregon residential restoration contractor license.
Learn more about your Oregon surety bond options across the state.
Get Your Oregon Residential Restoration Contractor Bond
Keep your Oregon contractor licensing requirements on track by securing your residential restoration contractor bond today. Complete this form or call 855-457-2196 to get bonded.