Virginia Contractor License Bond

The Department of Professional and Occupational Regulation and Virginia's Contractor Licensing Board may require contractors who take on jobs of a specific job to purchase a surety bond. This bond is called a contractor license bond and only certain contractor classifications need to purchase the bond. What's more, the bond is not required, but elected if you don't meet specific net work requirements. Learn the details in this video. Below you'll find the video timestamps. Below the timestamps you'll find important links that will help you get more information. #surety #suretybody #contractor #contractorbond

Video Timestamps:
00:16 - Video agenda
00:54 - Contractor classification overview
01:48 - Financial position and the surety bond
02:18 - What is a contractor license bond?
02:40 - What does a contractor bond protect against?
03:10 - What is the price of the contractor surety bond?
03:26 - The factors that impact the bond price
03:42 - Surety bond pricing examples
04:29 - How to pay as little as possible for the bond

🔗 Virginia DPOR contractor regulations page
https://law.lis.virginia.gov/admincod...

🎬 Watch our video about what is a surety bond
What Is a Surety Bond and Why You're ...

💵 Request a free quote for the type of surety bond you need
https://www.suretybondsdirect.com/quo...

📖 Learn what a surety bond is.
What Is a Surety Bond and Why You're ...

📖 How long does it take to get a surety bond?
How Long Does It Take To Get A Surety...

📖 Read our full article about what a surety bond is.
https://www.suretybondsdirect.com/edu...

📚 Learn more about surety bonds and the specific type of bond you require on our blog.
https://www.suretybondsdirect.com/blog

🔍 Find the specific bond you required using our real time bond search form.
https://www.suretybondsdirect.com/sur...

💵 Get a free bond quote and know the exact cost of your specific bond.
https://www.suretybondsdirect.com/quo...

We have bond specialists ready to help you.

Call us at 1-800-608-9950

Get more information about surety bonds and business licensing requirements.

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• #education
• #surety_bond
• #contractor_bond
• #contractor_license_bond