What’s the New Surety Bond Requirement?
The California Department of Industrial Relations adopted regulations requiring foreign labor contractor to register and post a surety bond in an amount based on the contractor’s annual gross receipts that ranges from $50,000 to $150,000.
Why Choose JW Surety Bonds?
We are the nation’s largest volume bond producer, and provide the lowest rates in the industry. It’s also crucial that you understand that you’re responsible to pay any claims filed on your bond. When you partner with our company, you will have a dedicated claim specialist assigned to your account to ensure claim payouts are either reduced or avoided all together.
Get a Free Quote Instantly Online
If you’re ready to get a surety bond for this newly increased bond requirement, you can simply apply online.