California Telephone Corporation Bond
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How much does a telephone corporation surety bond cost in California?
The Public Utilities Commission of California requires telephone corporations to post $25,000 surety bonds. These bonds are subject to underwriting consideration, meaning the price you’ll pay depends on a review of your personal credit report. Qualified applicants could pay as low as 1% of the bond amount, or just $250. Apply for your free bond quote today!
Call 1 (800) 308-4358 or submit an online bond request now! You’ll be connected with a bond expert who will walk you through each step of our fast and easy bonding process.
Why do I need this bond?
California telephone corporation bonds guarantee that the principal (telephone corporation) will comply with all of the requirements of the California Public Utilities Code and CPUC decisions applicable to telephone corporations. Ultimately, this bond protects consumers who are harmed as a result of the principal’s unethical and unlawful business practices. If a consumer is harmed, the surety will cover damages up to the full amount of the bond, and the principal will reimburse the surety for all damages paid out.
Our experts make purchasing the California surety bond you need fast and easy. Request your complimentary bond quote now!
What’s the fine print?
Telephone corporation surety bonds in California are continuous in nature. The surety can cancel the bond by giving written notice of cancellation to the CPUC and the principal via certified mail at least 30 days prior to the effective cancellation date.
How to become a telephone corporation in California
To apply for licensure as a telephone corporation in California, applicants must complete his/her licensing application and submit it to the California Commission’s Docket Office. Each submitted application must be accompanied by the appropriate application fee and surety bond. This application also requires that applicants attach a sample tariff that describes all the services and sample rights he/she intends to offer.
More licensing information can be accessed from the Additional Resources section of this page.
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