A Contractors License Bond is a guarantee that the hired contractor will conduct business according to the guidelines of the California Contractors License and will comply with the governmental ordinances for contractors.

Ultimately, a Contractors License Bond protects the public from a contractors incompetency and provides a venue for settlement should a violation occur by extending surety credit to licensed California contractors. In some instances a State license will not be issued until a bond has been purchased for roofing and pool construction, while a general contractor can be issued a license independently of any bond issues, however most pursue a bond to established marketability and customer satisfaction.

The act of getting a Contractors License Bond is similar to buying insurance in that it is handled by brokers or agents. Most advertising in this insurance specialty field is sorted out by looking for the lowest rates for the maximum dollar coverage. In this style of insurance services, the main concern should not be price, but rather the money that you can save by having the proper insurance shield in place when you go after that next major construction job.

Schaedler Insurance Services does just that by making their service offerings the top priority. They will address the most vulnerable areas of you business process and provide professional advice on balancing your risks and seeking value and trust in your business relationships.

 

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