Plumber Bond Cost Calculator
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Plumbing Contractor Bond Costs by Amount
* Minimum premium is $100/year. Actual costs vary by credit score, experience, and financial history.
Plumbing Contractor Bond Calculator FAQ
How much does a plumbing contractor bond cost?
Most plumbing contractor bonds cost between $100 and $500 per year. The premium is typically 1-5% of the required bond amount. For example, a $10,000 plumber bond costs $100-$500/year, while a $25,000 bond costs $250-$1,250/year. Plumbers with good credit and clean disciplinary records qualify for the lowest rates.
What is a plumbing contractor bond?
A plumbing contractor bond is a surety bond required by many states and municipalities for licensed plumbers. It protects consumers by guaranteeing that the plumber will comply with state plumbing codes, building regulations, and licensing requirements. If the plumber fails to meet these obligations, affected parties can file a claim against the bond for financial compensation.
Can I get a plumbing contractor bond with bad credit?
Yes, plumbing contractor bonds are available for all credit levels, with premiums ranging from 1% to 5% depending on credit. Sureties also review your backflow prevention compliance record and plumbing code violation history when underwriting your bond. Plumbing bonds tend to have lower claim rates than some other trade bonds, which can work in your favor even with lower credit scores. Plumbing bonds under $25,000 often qualify for instant approval regardless of credit.
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