Residential specialty contractors, specifically roofers, who perform residential construction, repairs, or improvements. Required when: When the total cost of an undertaking (including labor and materials) for an individual property owner exceeds $5,000. Exemptions: Projects where the total cost of construction, inclu…
Overview
What it is.
Residential specialty contractors, specifically roofers, who perform residential construction, repairs, or improvements. Required when: When the total cost of an undertaking (including labor and materials) for an individual property owner exceeds $5,000. Exemptions: Projects where the total cost of construction, inclu…
Who usually needs it
Residential specialty contractors, specifically roofers, who perform residential construction, repairs, or improvements.
Pricing & timing
What to expect.
Generic pricing
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 de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
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.
StateSCBond amount$5,000Term lengthContinuousObligeeSouth Carolina Residential Builders CommissionRenewalThe bond must be maintained in effect as long as the registration is active. Renewals are typically handled via a continuation certificate issued by the surety company and filed with the Commission.Bond classLicense BondCategoryOtherBondLicense BondStatutory referenceS.C. Code Ann. § 40-59-240(D)JurisdictionState
