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Louisiana Home Service Contract Provider Bond

Louisiana Home Service Contract Provider Bond

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Who Requires the Home Service Contract Provider Bond and Why Is It Needed?

Builder. Home Improvement Contractor Bond for state licensed home improvement contractors.

A surety bond filed with the Louisiana Department of Insurance for Home Service Contract Providers operating in the state. The surety bond obligates the principal to faithfully discharge and perform the duties pursuant to provisions of Titles 22 and 23 of the Louisiana Revised Statutes and all other applicable laws. The bond amount must be not less than five percent of the gross consideration received, less claims paid, on the sale of all service contracts issued and in force, but the minimum bond amount required is $25,000.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Louisiana Home Service Contract Provider Bond. The quote request is free and there is no obligation to you. If you prefer, please call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.

If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.

List of Louisiana surety bonds.

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