Contractors Guarantee Bond

License, Permit, Miscellaneous Guarantee & Performance Bonds


The Contractor Guarantee Bond is the smart, safe, secure and inexpensive way for homeowners to protect the money advanced to general contractors for home improvements.

Our bond guarantees the total amount of money the homeowner advances to the contractor in accordance with the project agreement.

Why Chance It?: Some contractors demand large cash down-payment and then disappear without completing the work. Inhabitable homes place loans at risk.

Peace of Mind: Your dream of beautifying, expanding and/or remodeling your home. Our Bond provides financial peace-of-mind that your construction investment is protected.

Homeowner Trust: Our Bond protects your hard earned money to improve your home with the strength, integrity and care of a AA+ rated company with over 2 Billion in asset coverage.

Contractors, Architects & Engineers: Our Contractor Guarantee Bond (CGB), for home remodeling or repair, can save up to an estimated 200-400% on the cost of a regular Surety bond.

Submissions under $100,000.00: One Page Application

2% Rate of Higher Based on Credit

Must Include: Contract

Must Include: Personal Financial Statements

1-2 Business Day Turnaround Time

Submissions over $100,000.00

Rates Start at 2% of Higher Based on Credit, Experience, etc.

Must Include: Contract

Must Include: Personal Financial Statements

Up to 1-week Turnaround Time on New Submissions

Document Downloads
Application: Call underwriter for appropriate application at 1-800-452-7121

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© Copyright 2018 JR Olsen Bonds & Insurance, Inc. | Broker/Agent Lic. # 0680914 | 7407 Topanga Canyon Blvd. Canoga Park, CA 91303 | (818) 227-2620

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