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Alaska residential contractor bonds.
$100 flat.

Also known as the Alaska Residential Contractor License Bond.

A contractor who performs only residential work registers with a $20,000 bond instead of the standard $25,000 — Alaska sets the lower amount for residential-only contractors. Ours is $100 flat — the price you see is the checkout price — with a short application.

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For contractors performing only residential work — the reduced registration tier under AS 08.18.071
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Fixed price, fixed amount — $20,000 bond, $100, no quote process
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Multi-year terms available — set it up once for up to 3 years
A-ratedA.M. Best carriersInstantunderwriting process1–3 yrterms available
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does an Alaska residential contractor bond cost?

$100 at the $20,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

Contractor registration bonds are about the simplest thing in surety. Here's the entire process:

NOW · ONLINE

Apply online

Business details and an effective date. That is the application. No credit check.

MINUTES, USUALLY

Pay & e-sign

Registration bonds like this are among the thousands of bond types that issue right after purchase.

SAME DAY

File with DCCED

Your executed bond and power of attorney arrive by email, ready to file with your residential contractor registration. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

Alaska registers contractors through DCCED, and sets a lower bond — $20,000 instead of $25,000 — for a contractor whose work is residential only. The bond stands behind your work and your compliance with the contractor registration law on residential projects.

It's a three-party arrangement: you (the principal), the surety carrier, and the State of Alaska (the obligee), with harmed homeowners and laborers as the protected parties. If you fail to perform or leave covered unpaid claims, the harmed party can recover against the bond.

It is not insurance for you — if the surety pays a claim, you repay the surety. If you later take on commercial work, you'll need to step up to the $25,000 general contractor bond; we re-issue at the higher amount.

AS 08.18.071 (residential)Alaska Statute 08.18.071 sets a $25,000 contractor registration bond, reduced to $20,000 for a contractor who performs only residential work. Confirm with DCCED that your registration class is residential-only before filing the reduced bond.

You need this bond if you're

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Registering as a residential-only contractor in Alaska
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A home builder or remodeler whose work stays within the residential class
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Renewing a residential registration with an expiring or non-renewing bond
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New to Alaska and registering for residential work only
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the $20,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

File with DCCED. Your executed bond and power of attorney arrive by email, ready to file with your residential contractor registration. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $100 at the $20,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.

No credit check.

One application, issued instantly.

These are the actual issuing fields. No credit check.

Start the application →
FAQ

Common questions.

How much is the Alaska residential contractor bond?The premium is $100 flat — set by our carrier's rate book for this bond, the same for every residential contractor. The $20,000 bond amount is set by statute, so there is no quote process.
How is this different from the general contractor bond?Same statute, lower amount. A contractor who performs only residential work files a $20,000 bond; a general contractor files $25,000. Each bond carries its own flat rate-book premium — $100 for residential, $125 for general.
Do I pay the $20,000?No. You pay $100. The $20,000 is the surety's maximum liability if a valid claim is made — not a deposit, and nobody holds your money.
Is there a credit check?No credit check: the application collects no credit information. Most applicants approve instantly.
What if I start doing commercial work?Then you move to the $25,000 general contractor bond. Tell us and we re-issue at the higher amount — your registration class with DCCED has to match the bond you file.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
Related bonds

Other Alaska bonds.

Been told you need a different amount?

Price and requirements checked on the carrier’s application, . Page updated .

Finish your DCCED registration today.

$100 flat, no credit check, bond often issued in the same sitting. Free until issued.

Your price$100
Apply now →