Virginia Contractor License Bond

Virginia does not require a contractor bond. Class A and B contractors may post a $50,000 bond instead of proving their net worth. You file it with the Virginia DPOR.

Bond Amount
$50,000 (optional)
Typical Premium
$300–$2,500/yr
Term
2 Years
Required By
Virginia DPOR, Board for Contractors
All 50 States
Bonds in every state
Fast Quotes
Most returned within 24 hours
A-Rated Sureties
Backed by strong carriers
Same-Day Filing
Often issued the same day

What Is the Virginia Contractor License Bond?

Virginia does not make contractors carry a bond. Class A and B contractors can post a $50,000 surety bond in place of proving their net worth. Class C contractors need neither. If you do post a bond, it protects your customers when you break contractor rules.

Who Needs This Bond in Virginia?

How to Get Bonded — Step by Step

  1. Apply for your Virginia contractor license with the Board for Contractors.
  2. If you choose the bond route, buy your $50,000 bond here.
  3. File the bond with DPOR in place of net-worth proof.
  4. Get your license and start working.

Renewal & Continuous Bond Coverage

Virginia contractor licenses run two years. If you carry the optional bond, keep it active and renew it with your license.

Frequently Asked Questions

Is a contractor bond required in Virginia?

No. Virginia lets Class A and B contractors post a $50,000 bond instead of proving net worth. Class C contractors need neither.

Does the Virginia bond protect me?

No. The bond protects your customers and the state, not you. If a claim is paid, you repay the surety. The bond is not your own insurance.

How fast can I get bonded in Virginia?

We shop several sureties for you, often within a day. Many bonds are issued the same day for good credit.

How much does the bond cost?

You pay a yearly premium — a small percent of the bond amount. Your rate depends mostly on your credit.

How a Surety Bond Works

A contractor bond is a type of surety bond. The picture below shows the three parties and what happens if someone files a claim.

Diagram of how a surety bond works: the obligee requires the bond, the principal applies and signs an indemnity agreement, and the surety issues the bond; if the principal fails, the obligee files a claim, the surety investigates and may pay, and the principal reimburses the surety.

Ready to get your Virginia Contractor License Bond?

Apply in 2 minutes. Most bonds issued same day.

Related: All Virginia surety bonds · What is a surety bond? · How surety bond costs are calculated

Underwriting Disclosure. All surety bond applications are subject to underwriting review and approval by the issuing surety company. Quoted premiums are estimates only; final pricing is determined by individual underwriting factors, which may include personal and business credit history, financial statements, industry experience, and claims history. Many bonds qualify for instant online approval, while others may require additional documentation, financial review, or indemnitor signatures prior to issuance. SuretyBondly makes no representation, warranty, or guarantee of approval, eligibility, premium amount, bond form, or issuance timing. Bond amounts, forms, and requirements are governed by the applicable obligee and statutory authority and may change without notice. Information provided on this page is for general informational purposes only and does not constitute legal, financial, or tax advice.