Hawaii Contractor License Bond

The cost of a Hawaii contractor license bond starts at $100. This is based on the state’s minimum bond amount for contractors, which is $5,000. The state assigns each contractor’s bond amount individually. 

Regardless of the bond amount required for your Hawaii contractor license, your bond is available through a surety company at a premium price. Rather than paying the full bond amount, you will pay a rate between 1% and 10%. 

Our surety company is authorized in Hawaii and proudly meets the state’s bond needs. With many bond programs available, more than 99% of our applicants receive their bond from us. Your premium rate is based on your professional resume, your financial strength and your credit rating. 

A bond premium rate of 1% to 3% is offered to applicants with a 700 credit score or higher. A 3% to 5% rate is available with a 600 to 699 credit score. An applicant with a 599 credit score or below receives a rate between 5% and 10%.

1. Determine the Surety Bond You Need

While all contractors in Hawaii are required to be licensed, the bond amount required varies. The Contractors License Board at the Department of Commerce and Consumer Affairs is your source for full details about the state’s bond requirements.

To get his contractor license, Manny needed a surety bond. He was concerned about the cost, but that concern was quickly alleviated when he got an instant quote from us. He paid the affordable premium and soon had the bond needed to work in his community. 

2. Apply for Your Contractor Bond

After learning about the bond amount required for your Hawaii contractor license, you can fill out the online application. The short application usually requires only a few minutes to complete. 

3. Get a Quote

When you choose us as your Hawaii surety company, you will benefit from an immediate quote after applying. For more complex cases requiring further review, you'll get the bond quote within 48 hours. 

4. Buy Your Bond

To complete your purchase of a Hawaii contractor license bond, simply make your premium payment online. Your bond will be processed quickly and emailed to you after the payment is received. A mailed copy of the surety bond is also available upon request. 

Our bond experts have been serving Hawaii’s surety bond needs for over a decade, and we are committed to helping you set up your bond with ease. If you need assistance, we are happy to help. Please contact us or call us at (877) 514-5146.

Contractor licenses are processed by the Hawaii Department of Commerce and Consumer Affairs Contractors License Board. Hawaii’s contractor licensing and bond requirements are legally established by Hawaii Revised Statutes Chapter 444.

All contractors doing business in Hawaii must be licensed. The minimum bond amount for all contractors is $5,000. The department reviews each bond applicant and determines its bond amount, which can exceed $5,000. After a year, qualifying contractors can request a bond waiver.

The obligee for a Hawaii contractor license bond is the State of Hawaii. The bond is continuously active. However, it can be canceled by the surety company. The surety company is required to provide the obligee with a 30-day written notice prior to the cancellation. 

To avoid bond cancellation, you must pay the premium yearly. We will help you maintain the bond by providing you with renewal instructions each year. If a license is forfeited due to a canceled bond and the bond is not replaced within 60 days, the contractor must re-apply as a new license applicant.

The Hawaii contractor license guide is your source for more information about getting your license. Contractor licenses are processed by the Hawaii Department of Commerce and Consumer Affairs Contractors License Board. Documents required to apply include:
 

• Application
• Surety bond
• Tax statement
• Trade name registration
• Financial statement
• Credit report for each member, manager, partner or officer
• Entity registration
• RME appointment
• $50 application fee

For full details about contractor licensing and to submit your documents, contact: 

Contractors License Board 
Hawaii Department of Commerce and Consumer Affairs 
PVL Licensing Branch 
P.O. Box 3469 
Honolulu, Hawaii 96801
Phone: (808) 586-3000