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California contractor's license bond amount
increased to $25,000 effective 1/1/2023

As a result of Senate Bill 607, which was signed into law in 2021, the California contractor's license bond amount will increase to $25,000 on January 1, 2023.

In order to comply with the change in law, your bond amount will automatically be increased to $25,000 on that date.

As a result of this increased bond amount, additional premium may be required to keep your current bond term unchanged.

If you have received a notice from us or Tokio Marine/HCC Surety indicating that you owe a supplemental payment in order to keep your current bond term, you may make that payment here:

CLB.HCCSURETY.COM

If you have any questions about this, please don’t hesitate to contact us at (800) 278-0689 or staff@economybonds.com.

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Contractors Bond

Welcome to Economy Bonds & Insurance Services! If you’re looking for California contractor bonds or construction bonds, you’ve come to the right place. We are pleased to offer the best deal in California on $12,500 contractor’s license bonds – something every licensed contractor in California needs.

With Economy Bonds & Insurance Services you can have the best of both worlds: contractor bonds in California with the most reliable surety company and the most competitive prices in the state. You will be receiving a contractor’s bond from California’s most experienced surety company at nearly one third off their regular premium.

Bonds can be quoted and issued online. No paperwork required. Follow the simple 1,2,3 steps above to get your contractor’s bond now!

We will write your contractor’s bond with American Contractors Indemnity Company (ACIC), California’s leading and most experienced contractor’s license bond carrier rated “Excellent” by the A.M. Best Co. ACIC writes more license bonds than the next ten CA contractor bond companies combined!

ACIC outranks the competition by virtue of unmatched claims handling expertise in the contractor’s license bond business, which no other surety bond company can approach. Remember that you depend on your surety company to stand by you. Approximately two weeks after we receive your check we will send you a plastic I.D. card with your contractor’s bond number and license number.

You can’t operate as a licensed contractor in California without a contractor’s bond, so there’s no time to lose. Click the “Get My Quote” button above and we will provide you with the best deal on California contractor bonds available.