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 $600 flat, 3% of the bond amount, with a five-minute application.
















Contractor registration bonds are about the simplest thing in surety. Here's the entire process:
Business details and an effective date. That's the application — no financials, no credit check section.
Registration bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond and power of attorney arrive by email, ready to file with your residential contractor registration. Wet-ink original mailed on request.
$20,000 bond × 3% = $600, one-time per term. Fixed amount, fixed price, multi-year if you want it.
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.
These are the actual issuing fields — no credit check section, because this bond doesn't have one.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
$600 flat, five-minute application, bond often issued in the same sitting. Free until issued.