$200 is your GOOD CREDIT PRICE for a South Carolina Licensed Residential Specialty Contractor (Electrician) Bond.
If you are a Licensed Electrician operating in the State of South Carolina, you are required to execute a South Carolina Licensed Residential Specialty Contractor (Electrician) Bond in the amount of $10,000 by the South Carolina Residential Builders Commission to ensure compliance with Section 40-59-10 of the Code of Laws of South Carolina.
Bonds Express offers a South Carolina Licensed Residential Specialty Contractor (Electrician) Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The South Carolina Licensed Residential Specialty Contractor (Electrician) Bond holds you accountable for your business decisions.
By possessing a South Carolina Licensed Residential Specialty Contractor (Electrician) Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.