
Is it possble to get a Contractor License bond for more than 1 year?
Certainly! Some states actually require the bond to have a 2-year term listed on it. But in the case that it's not required, you still have the option usually of prepaying for 2 or 3 years at a time if you'd prefer.
If I purchased a three year bond and I went out of buisness after the second year, would I collect the premium of the last remaining year?
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