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What Is A Plumbing Contractor Bond?

A plumbing contractor bond is a type of insurance that a plumber must purchase before doing business. It guarantees the plumber’s financial stability and legal/ethical work. If a client is a victim of fraud, the surety bond will reimburse him or her.

Before plumbers 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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