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What Is A Home Improvement Contractor Bond?

A home improvement contractor bond, also just known as a contractor bond, is a form of insurance that protects the customer from any illegal or unethical actions on the part of the contractor. The surety bond guarantees that the contractor will abide by all laws and regulations that pertain to his or her business.

Before contractors purchase a bond from an agency, they must submit themselves to a credit check, have their application approved, and go through other screening processes.

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