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Cheapest Contractor's bond?

Discussion in 'RD's Lounge' started by GRADS, Dec 1, 2019.

  1. GRADS

    GRADS Well-Known Member

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    I know there's a bunch of contractors on here...so what company offers the least expensive ones? I'm over paying $450 a year for a contractor's license I don't even use.:mad:
     
  2. NicPaus

    NicPaus Well-Known Member

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    Most of them are close to you. Pretty sure mine is from Shingle Springs. I paid for 3 years to get a break but around what you are paying.
     
  3. stoker

    stoker Well-Known Member

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    Why not make your license inactive?
     
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  4. Your ad here

    Your ad here Well-Known Member

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    I pay $0. Mines inactive.
     
  5. jetboatperformance

    jetboatperformance Well-Known Member

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    Not sure that Cheap and bond should be used in the same sentence ...... " two dollar helmet for a two dollar head "
     
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  6. GRADS

    GRADS Well-Known Member

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    Yeah, I'm thinking about going inactive at this point.
     
  7. GRADS

    GRADS Well-Known Member

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    I get that but for a license that hasn't been used in over 10 years.:rolleyes:
     
  8. jetboatperformance

    jetboatperformance Well-Known Member

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    well thats a gamechanger ... more of a"maintenance fee" ... would assume there are "non admitted" insurers out there that are less than traditional insurers
     
    GRADS likes this.
  9. Your ad here

    Your ad here Well-Known Member

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    What are your guys numbers? I'm 983***. I've done work for #92.
     
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  10. Groper

    Groper Well-Known Member

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    https://www.ccisbonds.com/contractor-bond-california/

    I just renewed with this Co. a few months ago, there we pretty fair as my other Surety Bond Co after 15yrs jack up their rates over a 100%
    Also their website was easy and about 10min to complete the application, I also did receive a phone call and an email shortly after.
     
  11. GRADS

    GRADS Well-Known Member

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    Was 526*** for years, now 925***
     
  12. zhandfull

    zhandfull Well-Known Member

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    #701XXX, Contracted for 18 years in public works and then went back to work as an employee about 5 years ago. Time really flies when you're having fun and getting older. Mine was inactive and just expired. Need to renew inactive just in case I ever need it again.
     
  13. C-2

    C-2 Well-Known Member

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    For kicks and giggles, license issuance schema:

    License# Approximate Year of issue

    200 000 1962

    250 000 1967

    300 000 1975

    400 000 1981

    500 000 1986

    600 000 1990

    700 000 1994

    800 000 2001

    900 000 2007

    1 000 000 2015

    Current licensees number about 300K, current license numbers 1005000

    Crazy to think license numbers started at... 1
     
    Last edited: Dec 1, 2019
  14. brianwhiteboy

    brianwhiteboy Professional Lurker

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    Maybe you should write Newscum and ask him for referrals....:cool:
     
  15. Luvnlife

    Luvnlife Head Ram Rod

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    Maybe you could use your license and donate your time and materials to build homeless shelters for all those poor homeless people that can’t find homes (you know because they have a down payment in their tent but there is a housing shortage). Oh yea you can also hire homeless people and put them to work building those shelters because no one will hire them because they are homeless (or drug addict thieves) also of course donating their pay out of your pocket
     
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  16. NicPaus

    NicPaus Well-Known Member

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    887*** few guys I see running around with 2*****. They are 3rd Generation and never actually took the test just inherited the company.
     
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  17. GRADS

    GRADS Well-Known Member

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    Not a bad idea but living in a swimming pool might get cold this time of year.
     
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  18. BajaMike

    BajaMike Well-Known Member

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    Agree 100%.
     
  19. Yellowboat

    Yellowboat Well-Known Member

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    I was 863. 2 is still up in running, so is 4. both in sacramento teichert Construction and Granite Construction. Both main offices are about 1 mile apart just off kiefer. My grandfathers partner got his in 58 and was in the 140s
     
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  20. NicPaus

    NicPaus Well-Known Member

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    Just the bond that is required to keep license active. Now General liability is where I would be concerned. Makes the bond look like pocket change.
     
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  21. Carlson-jet

    Carlson-jet Well-Known Member

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    That's awesome. Thanks C-2
    :cool:
    I feel a little old being in the 500k category. :p
     
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  22. Shlbyntro

    Shlbyntro Well-Known Member

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    Why not just ask the wifey for a raise on the allowance?;)
     
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  23. Kachina26

    Kachina26 Inmate #RDP158

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    Just build it upside down like an Igloo and don't fill it with water.
     
  24. LargeOrangeFont

    LargeOrangeFont Steers With Throttle

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    You've been inactive for over a decade.
     
  25. MSum661

    MSum661 Well-Known Member

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    476***. Self employed since 1985. Active B1, retired C39
    Passed the 2 tests at age 24.
     
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  26. C-2

    C-2 Well-Known Member

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    Fees, including license fees, will be going up within the next year, so maybe going inactive is a better choice.
     
  27. 28skater

    28skater Well-Known Member

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    Im with CSIS and pay $ 283.00 for a two year bond for a C-39 license.
     
  28. Luvnlife

    Luvnlife Head Ram Rod

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    Don’t give up so easy Jane Fonda. They need you, bring at least one home so you can help them out. Remember whatever you have is theirs.
     

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