South Carolina South Carolina Residential Builder | $15,000 South Carolina Residential Builder Surety Bond
Also known as: residential builder bond, residential construction bond, residential contractor bond
Type of Bond
A South Carolina Residential Builder Bond is a type of surety bond that is required of all residential home builders in South Carolina. The purpose of this bond is to protect homeowners from any financial loss due to the builder’s failure to complete the project according to the contract, or failure to pay subcontractors and suppliers. The bond is purchased from a surety company and guarantees that, in the event of a default, the surety company will cover the cost of any damages up to the bond amount.
Program
The price you'll pay for your $15,000 South Carolina Residential Builder Bond is generally based on your personal credit score. Start a free online quote by just completing a simple app or by calling 888-518-8011. Our experts will walk you through a very simple process. Compare our quote as the very lowest price, and then you're good to go! It's that simple!
We provide all types of $15,000 South Carolina Residential Builder Bonds. Worldwide Insurance Specialists, Inc. has "in house" underwriting authority with the largest and best Surety (Insurance) companies in the world including, Great American, Liberty Mutual, Philadelphia, Travelers, and CNA Surety. All of these surety bond companies are A-rated under the AM Best credit rating system, and T-listed with the U.S. Department of Treasury. This guarantees that by getting bonded through us, you will be provided the backing of these highly trustworthy and reliable companies.
Application
The application process for a $15,000 South Carolina Residential Builder Bonds is easy! Many Bonds are INSTANT ISSUE! Easy Application, no underwriting, no credit check, no GIA required. Our NEW Desktop underwriting program provides you with a rapid approval process used to determine the degree of risk that you (the Principle) complete a project or obligation. Non-INSTANT ISSUE quotes can also get instantly approved. Submissions require very little information from you. Once you file and sign an indemnity agreement, we issue the Bond. It's that simple! We quote and issue Surety Bonds of every type and will help you through the entire process. These applications only require basic information about your business, bond type, and ownership structure. Once the application is complete, we submit to the insurance company (Surety) who will then issue your bond. Don't pay too much! Get your Bond Fast, and Easy with the best price! Click here to start the South Carolina Residential Builder Bond Application process.
The South Carolina South Carolina Residential Builder Bond amount is currently set at $15,000.
Obligee Information
An obligee is the entity that is requiring you to have the South Carolina Residential Builder bond.
Obligee: South Carolina Residential Builders Commission
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!