Augusta, GA – Electrical Wiring and Electrical Work ($1,000) Bond

Electrical contractor bonds function as a contract between the licensed contractor (the bond principal), the public and the state (the bond obligees), and the surety bond company, which attests to the contractor’s dependability. If a contractor infringes upon state regulations, either the state contractor licensing body or the contractor’s customers can file a claim against the bond.

In case a claim is lodged against a bond, the surety that provided the contractor license bond is required to probe the claim. If the contractor is found to have contravened regulations, the surety provides recompense to the claimant up to the total bond amount. Subsequently, the contractor is obligated to reimburse the surety for the claim support it extended.

Pricing: Depends The Bond Amount Requested. Purchasing Process: 1.Place Order. 2.Receive email. 3.Complete Online Application for instant quote. Requirements: Fast and Easy Online Application Estimated Time Frame: 5 to 10 minutes to complete the application and to get an instant quote. You can purchase instantly. Select “Add to Cart” to Order your quote now!