California Contractor's Bond of Qualifying Individual (13B-2)

South Coast Surety will get you quickly bonded and back out to work. We specialize in contractor bonding and will get you a free quote for your Bond of Qualifying Individual in 24-48 hours. The bond amount for a BQI is $25,000, but you will pay a small fraction of that as a premium. Read the FAQ’s below or go straight to the secure online form and begin the easy application process.

**Effective January 1st, 2023, the CA Contractor License Bond, Bond of Qualifying Individual, and Contractors Disciplinary Bond will increase to a $25,000 bond amount as a result of Senate Bill 607.**

The Bond of Qualifying Individual is in place to ensure the licensed individual will follow California Contractors' License Law.
This bond is required under 2 circumstances:
1. If the license is qualified by the Responsible Managing Employee (RME).
2. If the license is qualified by a Responsible Managing Officer (RMO) who owns less than 10% of the corporation's voting stock.
The bond premium varies, depending on credit. With strong credit, the premium can be as low as 1% to 3% of the $25,000 bond amount. For non-standard credit, the premium can be 9% of the bond amount or higher.
To get a free quote for the Bond of Qualifying Individual, follow these steps:
1. Gather your license number or application fee number.
2. Complete the online application. You may also request a PDF application via email to apps@southcoastsurety.com