Permit Bond

(redirected from License Bonds)

Permit Bond

A bond guaranteeing that a person with a permit from the government to perform a task will perform that task to the proper regulations. The bond provides compensation to an injured party in the event that the permit holder does not fulfill his/her obligations.
References in periodicals archive ?
The blog will maintain a focus around California contractor license bonds and the hottest issue to date is without question the impact bad credit scores are having on bond rates for many California contractors.
For more information on California contractor license bonds including frequently asked questions (FAQ) or bond quotes, please click here.
CBIC traces its origins to 1959 and currently is the largest writer of contractors license bonds in the Northwest, marketing nationwide through some 4,000 insurance agents and brokers and serving more than 30,000 licensed contractors.
March 12, 2012 /PRNewswire-iReach/ -- The prolonged downturn in the economy has had a significant impact not only on contractors, but also the surety's that underwrite license bonds in California.
Schaedler Insurance is a northern California property and casualty insurance agency specializing in low cost license bonds for California contractors.
Widgren has extensive writing experience and comes to MTG from Contractors Bonding & Insurance Company where she worked as an assistant underwriter in the License Bonds Department.
California Contractor Bonds feels this improvement will create increased competition amongst sureties providing license bonds and ultimately, lower bond prices for contractors.
27, 2012 /PRNewswire-iReach/ -- California Contractor Bonds is excited to announce the first fully functional instant issue contractors license bond program for California contractors.
15, 2012 /PRNewswire/ -- Construction Services Insurance Agency (CSIA), the leading provider of contractor bond solutions in California, offers "instant" contractor bonds for California contractors, with no paperwork required for California license bonds.
In business since 1979, Construction Services Insurance Agency (CSIA) is the largest provider of contractor's license bonds on the West Coast.
13, 2012 /PRNewswire/ -- Economy Bonds has the most competitive pricing on contractor's bonds in California writing more contractors license bonds than any of their competitors.
Contractors' Surety, at the time of acquisition, only wrote license bonds for contractors in the states of California and Nevada.