Heating and air conditioning or refrigeration contractor bond cost
The Alabama Board of Heating, Air Conditioning and Refrigeration Contractors require those wishing to become contractors to obtain a $15,000 surety bond.
We can issue these freely-written bonds for just $100 – no credit check required! If an applicant chooses to have a multi-year bond they will receive a 25% discount off the premium.
Why this bond
Heating, air conditioning or refrigeration contractors must obtain a bond in accordance to Chapter 440 in the Administrative Code. Contractors must take four credit hours of class every year to keep their license. The bond protects the the general public from financial loss resulting from the principal’s (Contractor’s) actions up to the full amount of the bond. The surety will pay the initial claim, and the principal must reimburse the surety at a later date.
Heating and air condition or refrigeration contractor bond details
Heating and air conditioning or refrigeration contractor bonds are in effect for 1-year terms and must be renewed annually. The surety has the right to cancel the bond. However, they must give 15 days’ written notice to the principal and obligee before the cancellation may take effect.
Become a heating and air conditioning or refrigeration contractor
Contractors must be licensed with the Board of Heating, Air Conditioning and Refrigeration. To obtain a license, applicants must submit the following:
- An application
- $165 certification fee
- All required education
- Education fees
Apply for your surety bond
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