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South Carolina Residential Builder or Contractor Surety Bonds

A South Carolina Residential Builder stands at a job site with his crew

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Residential Builders in South Carolina will need a surety bond as a condition of licensure. Contractor applicants must apply for a license with the South Carolina Residential Builders Commission. The Commission has an online process for Residential Electrical Licenses, Residential Home Builders Licenses, Residential Specialty Contractor Registration, Residential Heating and Air Conditioning, and Residential Plumbing Licenses.

Surety Bond and License Requirements:

  1. In addition to the application, applicants must obtain a bond for their contractor specialty, pay the applicable license fee, and pass the required examinations.
  2. The required surety bond amounts are as follows:
  3. Residential Builder/Certificate of Authorization = $15,000 Surety Bond
  4. Licensed Residential Specialty Contractor (HVAC, plumber or electrician) = $10,000 Surety Bond
  5. Registered Residential Specialty Contractor = $5,000 Surety Bond
  6. Licenses and bonds must be renewed by June 30 of even years (2018, 2020, etc)

How Much Will a South Carolina Contractor Bond Cost?

The premium that you pay for a South Carolina Residential Builder or Contractor Surety Bond is dependent on credit and the bond amount required.

More Surety Bond Questions?

Check out our FAQ page. Should you need or choose to buy a surety bond, SuretyGroup.com has been underwriting surety bonds throughout the U.S. for more than 35 years. When you work with us, you enjoy the unique benefit of dealing with a team of highly experienced surety agents with in-house underwriting authority. This allows you to receive competitive, low rates, quick approvals, and immediate bond delivery. In most cases, your bond will be delivered within 24 hours after you apply for it.

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