Electrical Contractor Bond

An Electrical Contractor Bond is what is typically required by your provincial Safety Authority to hold an electrical license. An original Surety Bond in the amount of $10,000 is the most commonly required electrical bond. Complete our online application and get instantly approved for your bond bearing the insurer’s signature and seal. We can have the bond mailed to you, available for pickup, or couriered for express delivery.

$117
per year
(when purchased for 3 years)

Electrical Contractor Bond

An Electrical Contractor Bond is what is typically required by your provincial Safety Authority to hold an electrical license. An original Surety Bond in the amount of $10,000 is the most commonly required electrical bond. Complete our online application and get instantly approved for your bond bearing the insurer’s signature and seal. We can have the bond mailed to you, available for pickup, or couriered for express delivery.

What is an Electrical Contractor Bond?

An Electrical Contractor License Bond is a three party security agreement. It states that you and your business are backed by a Surety company. This bond is a financial instrument that guarantees your compliance with your local provincial Safety Standards Act. You can review a copy of the Safety Standard Act for BC here. An example of our Surety Bond wordings for BC can also be found here.

Why do I need an Electrical Contractor Bond?

You require an Electrical Contractor Bond in order to obtain your provincial Safety Authority license in various provinces. Its purpose is to have a document in place that ensures electricians will fulfill their contractual obligations, as well as follow relevant laws. The bond is like a safety net for customers and the Safety Authority providing licensing. It’s also very important to obtain Commercial General Liability (CGL) Insurance for your electrical business – you can visit our Electrician Insurance page for more details, and to apply online today.

How much does it cost?

The cost of this bond can vary depending on the amount of the bond, duration of the bond, and other applicant specific information. As your insurance and bond broker, we will always strive to get you the best deal on your requested product. An Electrical Contractor License Bond can be offered by Netsurance for as low as $117 per year (with 3 year duration ), pending the underwriting details mentioned above.

Completing our application for this bond does not cost anything or require you to proceed with the bond once a quote is provided – customer service is our first priority.

Quotes from Major Canadian Underwriters

What Our Clients Say

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Edrice F.
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CE Plumbing & Heating
I thought getting business insurance online would be a lot more difficult than it actually was. Netsurance made it very easy and user friendly to get it all done online. Had a great experience!
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BayRoot Landscaping
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Marie L.
Event Insurance
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MGA Detailing
Purchased business insurance through the online application process. Would recommend to anybody starting their own business that needs a simple solution for the companies insurance requirements.
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Event Insurance
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