Last month we published a reminder about the surety bond types that expire at the end of June and beginning of July. Please keep in mind that those bonds expire in approximately 60 days. Today, we’d like to remind you of an additional expiration date that is now 60 days out.
South Carolina contractor class state licenses expire on June 30. This means contractors licensed to work in the state must renew their $5,000, $10,000 or $15,000 surety bonds prior to this date. If you’re a construction professional in South Carolina, you can renew your bond by giving us a call at 1 (800) 308-4358. Don’t forget to renew your license with the state, too.
The following bond types expire approximately 90-120 days from today.
- Texas superheavy/oversize permit bond (August 31)
- North Dakota fundraising bond (September 1)
- Alabama auto dealer bond (September 30)
- Illinois plumbing contractor license bond (September 30)
- Alabama fundraising bond (September 30)
You should receive a phone call and/or email from your SuretyBonds.com account manager reminding you of your bond’s impending expiration. You should expect an additional reminder 60 and 30 days before the expiration date.
Unless your credit score has significantly improved or worsened during the past year or your state and/or industry has revised the bonding requirements — you can expect to pay a similar or identical premium rate for your bond as you did last year. Even if your credit has taken a hit, don’t hesitate to contact SuretyBonds.com to renew your bond. We offer an exclusive bad credit bonding program through which we can approve 99% of applicants regardless of credit.
When you’re ready to renew your bond for another term, give us a call at 1 (800) 308-4358 Monday through Friday between 7 a.m. and 7 p.m. CST. You can renew your bond quickly and easily over the phone, and you’ll receive a copy of your bond immediately via email. Your original bond be shipped via your preferred shipping method. Overnight and expedited shipping options are available if you’re in a hurry.