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Indiana Contractor License Bond's are required by Indiana's Department of Commerce and Consumer Affairs to obtain your Indiana Contractor License Bond. The Indiana Contractor License Bond amount is set at $5,000.
a $5,000 surety bond
There are 3 parts to a Contractor License surety bond. The Principal "YOU", The Surety Company, and the Obligee. The Principal is the business or individual applying for the Contractor License Surety Bond. The Obligee is the individual or entity requiring the Surety Bond and the Surety Company is the company who provides the Surety Bond coverage.
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a $5,000 surety bond