Alaska Specialty Contractor
The Alaska Specialty Contractor is a $5,000.00 bond.
This bond is available in 1, 2, or 3 year terms.
The Specialty Contractor Bond is for any persons who specialize in two or fewer unrelated building trades or crafts for any size residential or small commercial contract. If they do three or more unrelated building trades, the contract must be for $2,500 or less on any one residential or small commercial property.
Ashton Agency has a 99% approval rate and offers the bonds required for Alaska contractors at some of the most competitive rates available. Let us save you money!
Who needs a contractor bond?
Anyone intending to register as a general or specialty contractor with the Alaska Department of Labor and Industries must obtain a surety bond in either of the following amounts:
- General contractor: $10,000
- Specialty contractor: $5,000
Don't know which type of contractor bond you need?
A general contractor can perform or supervise numerous building trades or crafts. A specialty contractor, on the other hand, can perform one building trade or craft. A list of specialty classifications may be reviewed here.
What is the contractor bond?
The contractor bond protects the party requesting the surety bond, the Obligee, against any financial losses as a result of poor financial choices, damages, unethical decisions, or a failure to adhere to state and local laws on the part of you, the Principal. By obtaining your contractor bond, you are telling the Obligee that you can be trusted and that you stand by your business decisions. The bond is filed for the benefit of consumers who may suffer damages as a result of defective construction or other license law violations, and for the benefit of employees who have not been paid wages that are due to them.
The Alaska contractor bond is also known as: general contractor bond, specialty contractor bond, contracting bond.
What else do I need besides the bond?
The State of Alaska requires that all licensed contractors also submit proof of general liability insurance coverage in the following amounts:
- $50,000 property damage policy and $200,000 public liability policy, OR
- $250,000 combined single limit policy.
Not sure what else you might need to get licensed or renewed? Check out the requirements at the Department of Labor and Industries here.
Get Bonded Within One Business Day!
Only Ashton Agency can provide you with:
- The lowest price for your contractor bond
- Quickest turnaround time.
- The ability to meet or beat any competitor's pricing.
Many companies offer the Washington contractor bond, but by contacting the Ashton Agency you can be sure you'll be getting the best price available, not to mention our stellar customer service and insider knowledge of the industry. We've been helping contractors get bonded for more than 45 years. Let us put that experience to work for you today!
Call us now at (800) 452-2663 for a free quote and we will contact you within hours. We can assist you over the phone to ensure you receive your bond quickly and easily!
Don't have time to speak on the phone? Please fill out our easy online application and fax to (503) 253-1353. We can get you started right way!
A Better Price Starts Right Here, Alaska!
Let's start with some basic information about your company to get going on your new Bond or Insurance. Please note that anything marked
must be completed before you can submit the form.
Prefer To Call?
We would love to help you over the phone. Call us at (800) 451-4854!