California legally requires a variety of individuals, contractors, and organizations to secure surety bonds to conduct business across the public service industry. Apply for a California Surety Bond today! Single Source Insurance is a leading California bonding company providing bonds with a convenient online application system. Browse the most common types of bonds in this state, or contact us for a full list.
Who Needs An Electric Services Surety Bond In California?
The State of California requires all entities providing electric services as an individual or as a company within the state to secure the appropriate bond to establish they are practicing within the legal requirements.
How Much Do Electric Services Bonds Cost In California?
The bond amount varies but these bonds require underwriting based on the applicant’s credit score. All applicants can expect a quick response – usually within 24 hours – and at the best rate available to them. Applicants with better credit scores and healthy financial pasts can expect to pay between 1% – 3% of the bond amount.
How To Purchase An Electric Services Bond in California?
Start the application process online by downloading the form to the right of this screen. Email or fax the completed sheet back to the Single Source Insurance office at 407-674-7978 and you will be contacted by a bond representative within one business day. Many receive their quote and secured bond within the same day!
We also offer additional electric services surety bonds in other states. Call our team toll free at 855-689-5106 to answer any further questions or contact our team of experts online.