Commercial, residential, and mold remediation contractors (including plumbing contractors) who cannot demonstrate a net worth of at least $10,000. Required when: Application for or renewal of a contractor license when the applicant's net worth is less than $10,000. Exemptions: Contractors who demonstrate a net worth o…
Overview
What it is.
Commercial, residential, and mold remediation contractors (including plumbing contractors) who cannot demonstrate a net worth of at least $10,000. Required when: Application for or renewal of a contractor license when the applicant's net worth is less than $10,000. Exemptions: Contractors who demonstrate a net worth o…
Who usually needs it
Commercial, residential, and mold remediation contractors (including plumbing contractors) who cannot demonstrate a net worth of at least $10,000.
Pricing & timing
What to expect.
Generic pricing
Miscellaneous surety bonds cover a wide variety of obligations that don't fit neatly into other categories. Typical Pricing:. • Small bonds: May be available as flat-fee premiums starting around $100–$250. • Larger bonds: Commonly around 1–5% of the bond amount, though rates vary significantly by bond type. • Underwriting: Requirements vary — some bonds qualify for instant approval, others require full underwriting. Pricing varies significantly by the specific bond type, jurisdiction, and r…
Typical timeframe
Varies by bond type — contact for details
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateLABond amount$10,000Term lengthContinuousObligeeLouisiana State Licensing Board for ContractorsRenewalThe bond must be maintained as long as the contractor's net worth remains below the $10,000 requirement; it is verified during the license renewal process.Bond classMiscellaneous OtherCategoryConstructionBondBondStatutory referenceLa. R.S. 37:2156.1JurisdictionState
