Platinum Bonds Insurance Agency
Research before you apply.Heating/Air Conditioning and Refrigeration Contractor - 3rd Party Liability
Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.
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BBB A+ AccreditedView the agency profileHeating/Air Conditioning and Refrigeration Contractor - 3rd Party Liability
HVAC and refrigeration contractors in Alabama who hold an active contractor license and perform work installing, repairing, or servicing heating and air conditioning systems or commercial refrigeration equipment. The bond is a state licensing requirement mandated under Code of Alabama 34-31, and contractors with inactive license status do not need this bond.
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license 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. Same-day approval is typical for many common license bonds. Some license bonds may price higher depending on the specific bond type, state program, or underwriting requirements.
Your quote determines the actual premium.Issuance timeframe varies by bond type and underwriting
Timing can change when underwriting needs more information.Confirm the bond and provide applicant and business details.
See the terms and premium before deciding to continue.
Complete the required payment and signatures.
Get the issued bond and filing or delivery instructions.
Helpful guidance, a real agency team, and a clear path from research to application.
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Offering service to clients and agents alike.
The bond amount is $20,000.
The obligee is the State Board of Heating/AC/Refrigeration Contractor.
No. Contractors with inactive license status do not need this bond.
Start the secure application with this bond already selected, or ask Ava a question before you begin.