New Jersey Contractor License Bonds
New Jersey has quite a few contractor surety bond requirements including the more recent Home Improvement contractor bond.
In this video you will learn what a contractor license bond is, why you're required to purchase one, and how much it will cost.
This video covers nearly all New Jersey contractor bonds, so make sure you skip around with the timestamps to the parts that are relevant to you.
- 00:13 - Video agenda
- 00:35 - What is a contractor surety bond?
- 00:59 - What are contractor surety bonds required?
- 01:17 - What a contractor bond protects against
- 01:44 - What are the New Jersey bond amounts?
- 01:55 - The Home Improvement bond amount
- 03:04 - Home Elevation bond amount
- 03:27 - Remaining contractor bond amounts
- 04:15 - How much will your contractor surety bond cost?
- 05:25 - Home Improvement bond cost
- 06:32 - Example pricing for credit driven bonds
- 07:05 - Keeping your contractor surety bond active
- 08:09 - The bonding process recap
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