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License Bond

Tennessee Home Improvement Contractor's Surety Bond

Home improvement contractors performing residential remodeling projects where the total cost is between $3,000 and $24,999 in Bradley, Davidson, Haywood, Hamilton, Knox, Marion, Robertson, Rutherford, and Shelby counties. Required when: Applying for a Home Improvement Contractor license. Exemptions: Projects with a to…

Overview

What it is.

Home improvement contractors performing residential remodeling projects where the total cost is between $3,000 and $24,999 in Bradley, Davidson, Haywood, Hamilton, Knox, Marion, Robertson, Rutherford, and Shelby counties. Required when: Applying for a Home Improvement Contractor license. Exemptions: Projects with a to…

Who usually needs it

Home improvement contractors performing residential remodeling projects where the total cost is between $3,000 and $24,999 in Bradley, Davidson, Haywood, Hamilton, Knox, Marion, Robertson, Rutherford, and Shelby counties.

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.

  1. Tell us the bond name, state, and amount on your form.
  2. Share business and applicant info so the team can quote it.
  3. Sign and pay; we issue the bond and send you the documents.
  4. Keep your effective date and renewal date on file with us.
Start the application.

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Details

Bond details.

StateTN
Bond amount$10,000
Term lengthContinuous
ObligeeTennessee Board for Licensing Contractors
RenewalThe bond must be maintained continuously for the duration of the license. While the license is renewed biennially (every two years), the bond remains in effect unless cancelled by the surety with 30 days' notice.
Bond classLicense Bond
CategoryConstruction
BondTennessee Home Improvement Contractor's Surety Bond
Statutory referenceT.C.A. § 62-6-506
JurisdictionState
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Next step

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