Lisa Trymbiski

Blog Feature

By: Lisa Trymbiski
March 8th, 2023

For building contractors, the requirement to get a contractor bond can seem like yet another expense and an additional obstacle to deal with. However, getting a contractor bond is a license condition in many states, counties, and cities. If you want to get your license so that you can legally operate your business, you might first have to purchase a contractor bond. Beyond the license requirements in many state and local governments, it is important to understand how bonds work, the types of construction bonds you might encounter, and their advantages and disadvantages.