Plumbing contractors (and other Division II contractors) applying for a Florida state license who have a FICO credit score below 660. Required when: Applying for a certified or registered contractor license when the applicant cannot demonstrate a credit score of 660 or higher. Exemptions: Applicants with a FICO credit…
Overview
What it is.
Plumbing contractors (and other Division II contractors) applying for a Florida state license who have a FICO credit score below 660. Required when: Applying for a certified or registered contractor license when the applicant cannot demonstrate a credit score of 660 or higher. Exemptions: Applicants with a FICO credit…
Who usually needs it
Plumbing contractors (and other Division II contractors) applying for a Florida state license who have a FICO credit score below 660.
Pricing & timing
What to expect.
Generic pricing
Miscellaneous commercial bonds cover a wide range of business obligations not fitting other categories. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Pricing varies by specific bond type and requirements. Some miscellaneous bonds may price higher depending o…
Typical timeframe
Credit-based approval — varies by bond type
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.
StateFLBond amount$10,000Term lengthContinuousObligeeFlorida Construction Industry Licensing BoardRenewalThe bond must be maintained until the contractor can demonstrate financial responsibility (typically by achieving a 660+ credit score) or as required by the Board. It is renewed annually with the surety company.Bond classMiscellaneous CommercialCategoryConstructionBondBond to Demonstrate Financial ResponsibilityStatutory referenceSection 489.115, Florida Statutes; Rule 61G4-15.006, Florida Administrative CodeJurisdictionState
