North Carolina Contractor License Bond
What is a North Carolina contractor license bond?
Prospective general, landscape, irrigation, and electrical, and landscape contractors in North Carolina must obtain a contractor license bond. This bond ensures that contractors comply with the North Carolina Administrative Code.
You can learn more about how contractor license bonds work in our complete guide.
Get Your North Carolina Contractor License Bond:
What municipalities require contractor license bonds in North Carolina?
Contractors in several cities and counties must also get bonded, including those in:
- Cabarrus County
- Greensboro
- High Point
- Gaston County
- Kitty Hawk
- Raleigh
- Southern Shores
- Mecklenburg County
- Rowan County
- Winston-Salem
- Rocky Mount
How to Apply for Your State Contractor’s License
Contractors who need state-level licensing and bonding should submit applications with the following Boards:
- General Contractors: Licensing Board for General Contractors
- Landscape Contractors: Landscape Contractors’ Licensing Board
- Irrigation Contractors: Irrigation Contractors’ Licensing Board
- Electrical Contractors: Board of Examiners of Electrical Contractors
North Carolina Contractor License Bond Requirements
Contractor license bond amounts vary by license type. The main license types required at the state level are outlined below:
- Landscape and irrigation contractor license: $10,000 bond
- Intermediate electrical contractor license: $50,000 bond
- Unlimited electrical contractor license: $130,000 bond
- Limited general contractor license: $175,000 bond
- Intermediate general contractor license: $500,000 bond
- Unlimited general contractor license: $1,000,000 bond
How much do NC license bonds cost?
Contractors will pay a small percentage of the bond amount, typically 1%-5%, based on personal credit scores and other financial indicators. Those with excellent credit may pay as little as 1%.
If you have poor credit, you may still be able to get bonded. Contact ZipBonds if you have any questions or concerns.
How to Become a Contractor in North Carolina
To work as a contractor in North Carolina, you must obtain the appropriate license from the North Carolina Licensing Board for General Contractors (NCLBGC). The type of license you need depends on the scope and scale of the projects you intend to undertake.
- Determine the type of contractor license you’d like to apply for.
- Meet the minimum eligibility requirements.
- Complete pre-licensing education.
- Pass a licensing exam.
- Submit an application.
- Obtain insurance and bonding.
- Maintain and renew your license as needed!
Get Your Contractor License Bond in North Carolina
ZipBonds offers the fastest and most secure option for getting bonded. Our all-digital platform is intuitive and straightforward. Apply online, email support@zipbonds.com or call 888.435.4191 to speak with an agent directly.
About ZipBonds.com
Founders Ryan Swalve and Zach Mefferd formed the vision for ZipBonds.com when they realized how overly complicated it was to help clients place surety. The frustration of being unable to incorporate the technology they’d used in other insurance-focused projects left them thinking “there has to be a better way.”
Fast forward a couple of years, and that better way is the impetus of everything we do at ZipBonds. We constantly look for innovative ways to improve the bonding process for our clients and agents. Our team comprises individuals who understand all angles of surety – for companies, agencies, and individuals. Incorporating everyone’s point of view to improve the process while simultaneously integrating cutting-edge technology is what sets our business apart.