Contractor License Surety Bond – Sub 660 Credit Apply now

How much is a Sub 660 Florida Construction License Bond?

Florida construction license bonds vary in price depending on which surety bond is needed and the amount of the bond.  The Sub 660 FICO Score Construction License Bond amounts range from $5,000 to $10,000 for a Division 2 contractor license (HVAC, Electric, Plumbing, Roofing) or $10,000 to $20,000 for Division 1 contractors such as residential and commercial GC’s.  Below is a listing of prices for each bond amount:

  • $5,000 Construction License Bond – $125 and up
  • $10,000 Construction License Bond – $250 and up
  • $20,000 Construction License Bond – $450 and up

The price of these surety bonds are solely determined by your personal credit score.  The premium increases as your credit score decreases.  However, it’s important to know that different surety companies use different credit reporting companies.  DBL Surety has access to the most aggressive surety companies who write Florida surety bonds which allows us to obtain the best pricing on your bond regardless of credit score with few exceptions.

What are Florida Division I and II Contractor License Bonds – Sub 660 FICO Score?

Florida Division I and II Contractor License Bonds are a requirement by the State of Florida for all Division I and II Contractors with FICO derived credit scores less than 660. Florida Division I Contractors are classified as general, residential, and building contractors. Florida Division II Contractors are classified as all other contractors other than general, residential, and building contractors. Florida Division I and II Contractor License Bonds – Sub 660 FICO Score are required to demonstrate financial stability to the State of Florida.

Is the Division I and II Contractor License Bond the same surety bond as the Florida Financial Stability Bond?

Yes, these bonds have many different names but are the same bond as required by the Florida Construction Industry Licensing Board.  The generic name for this type of bond is a contractor license surety bond but it’s known more specifically as the Sub 660 construction license bond, division 1 contractor license bond, division 2 contractor license bond, or the Florida financial stability surety bond.

What Florida Division I and II Contractor License Bond amount do I need and can I lower the amount needed?

The bond amount needed for a Florida Division I Contractor with a sub 660 FICO score is $20,000 and the amount needed for a Florida Division II Contractor with a sub 660 FICO is $10,000. However, most surety agencies won’t tell you that these amounts can be lowered to $10,000 and $5,000 respectively which can result in a significant amount of savings! The State of Florida allows for a reduction in the required surety bond amount if the licensed Florida contractor takes a 14 hour class on financial responsibility and stability. You can find a list of approved classes at by visiting the State of Florida’s website.

What is the current market for Florida Contractor License Bonds if I have a Sub 660 FICO Score?

The pricing for the financial stability surety bond has been reduced significantly since its inception in 2012.  This is, in part, due to more surety companies who have decided to write the bond over the past few years.  These surety bonds are readily available and can typically be quoted in a few minutes using one of our application methods listed below.

How do I apply for a Contractor's License Surety Bond - Sub 660 Credit?

  1. Complete our online Contractor's License Surety Bond - Sub 660 Credit application, or
  2. Download and complete our printable Contractor's License Surety Bond - Sub 660 Credit application, and
  3. Receive your surety bond quote in minutes!

Apply now