Effective January 1, 2023, the CSLB is mandating contractor's bond limits be increased to $25,000. (CSLB memo #22-10). Your current surety company will increase your bond and invoice you.
Maybe it is time to look around for a new surety company. Beissel & Cobb has appointments with a variety of surety companies offering great rates for those with excellent credit and the ability to help contractors with less than stellar credit. Give us a call today to see if better bond pricing is available.
Beissel & Cobb Insurance, Carlsbad CA
CA DOI #0F79328