Oregon Contractor – Residential General Bond

An Oregon Contractor – Residential General Bond is a type of surety bond required by the Oregon Construction Contractors Board (CCB) for any contractor who wants to perform or supervise an unlimited amount of construction trades for residential and small commercial projects in the state. The bond amount is $25,000 and the cost of the surety bond is usually between 1% and 3% of the bond amount. Surety1 will shop its many markets to procure the right price at the right terms.

If a claim is filed against the bond and the CCB finds that the contractor is liable, the bonding company will pay the damages up to the $25,000 limit. This can help to protect homeowners from having to pay out of pocket to fix the contractor’s mistakes. If the surety company pays a claim on the bond, it will seek restitution from the bond principal (licensee).

How to Get an Oregon Contractor – Residential General Bond

At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:

1. Complete the easy to navigate and secure online application. ¹
2. Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
3. Sign some paperwork and pay the bond premium

Once these steps have been completed, the Oregon Contractor – Residential General Bond will be shipped to the bond applicant.
^{1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.} 

Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier online provider of surety bonds nationwide since 2003.

In most cases, there is  no credit check required for Oregon CLB’s up to $25,000. 

About Surety1.com
Contact Surety1

Other Types of Oregon Contractor’s License Bonds

There are eight different classifications of licenses in Oregon. To see which on you need, click on the link below for a brief description.

• Oregon Contractor – Commercial General Bond
• Oregon Contractor – Landscape Surety Bond
• Oregon Contractor – Residential Developer Bond
• Oregon Contractor – Residential General Bond
• Oregon Contractor – Residential Limited Surety Bond
• Oregon Contractor – Residential Specialty Surety Bond