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South Carolina Licensed Residential Specialty Contractor Bond

This bond is required for contractors in South Carolina who perform specialized residential work like roofing, siding, or HVAC installation. It's a $10,000 financial guarantee that protects homeowners if the contractor fails to complete work properly, violates state laws, or doesn't fulfill their contract obligations.…

Bond amount$10,000
State or jurisdictionSouth Carolina
ObligeeState of South Carolina

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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Overview

What it is.

This bond is required for contractors in South Carolina who perform specialized residential work like roofing, siding, or HVAC installation. It's a $10,000 financial guarantee that protects homeowners if the contractor fails to complete work properly, violates state laws, or doesn't fulfill their contract obligations.…

Who usually needs it

Licensed residential specialty contractors in South Carolina who hold a licensed residential specialty contractor license and perform work for an individual property owner exceeding $5,000 in cost must obtain this bond. This applies to professionals or businesses covering specialized residential trades like electrical, HVAC, and plumbing, excluding general …

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 depending on the specific bond type, state program, or underwriting requirements.

Your quote determines the actual premium.

Typical timeframe

Issuance timeframe varies by bond type and underwriting

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

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Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.

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South Carolina Licensed Residential Specialty Contractor Bond | Platinum Bonds