South Carolina Surety Bonds

Surety Bond Requirements in SC

The state of South Carolina requires professionals, contract workers, and various companies to post surety bonds as a business licensing requirement. We offer competitive rates on two of the state’s most popular bonds: contractor’s license bonds and mortgage broker bonds.

Surety bonds are required at the state level in South Carolina and also locally in many areas. For example, the state mandates bonding for several kinds of contractor licenses, but contractors must also be licensed in many cities and counties, including Charleston County, Columbia County, Lancaster, North Augusta, and Spartanburg.

If you need a surety bond to comply with South Carolina bonding regulations, we can help. NNA Surety Bonds has been providing affordable policies to companies and individuals across the United States since 1957.

We offer the following surety bonds in the state of South Carolina:

Contractor License Bond

South Carolina requires general contractors to be bonded in lieu of a financial statement showing a minimum net worth. The bond amount needed for SC general contractors and mechanical contractors depends on your license classification.

General contractors working in Charleston county must obtain a $5,000 to $10,000 surety bond in addition to the state-required bond. In the city of Lancaster, you’ll need a $5,000 bond, while North Augusta requires a $1,000 contractor bond.

Numerous other cities and counties in the state require contractors to be bonded as well. For help figuring out which South Carolina bonds you need, talk to one of our bonding experts today. 

Mortgage Broker Surety Bond

Mortgage broker license bonds are set at $25,000 by the South Carolina Department of Consumer Affairs for individual mortgage brokers. For mortgage broker companies, the bond amount starts at $25,000 and goes up  to $55,000 depending on your company’s total volume of loan originations.

The Nationwide Multistate Licensing System (NMLS) handles all SC mortgage licenses. Your cost for a mortgage broker bond in this state will vary depending on the bond size and your credit rating.

South Carolina Surety Bond Costs
Bond Name Coverage Amount Cost
(Annual Premium)
Regulatory Authority
Contractor License Bond Varies Varies* SC Dept. of Labor Contractor's
Licensing Board and local governments
Mortgage Broker Bond $25,000–$55,000 $188–$413* SC Dept. of Consumer Affairs

* Cost can vary depending on the bond amount required and your credit rating

Get Your South Carolina Surety Bond


Our knowledge of South Carolina bond requirements allows us to provide accurate quotes quickly. For guidance through the process of selecting surety bonds for your business, speak to one of our experts today.

For faster service, call us at 855-215-2160
Monday to Friday, 6 a.m. to 5 p.m. (PT)