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The City of Palacios requires contractors to file a $5,000 license bond as a condition of registering to work inside the city. Ours is $100 flat, issued instantly. The bond issues the moment you pay — no credit check.
















Municipal license bonds are the simplest thing in surety. Here's the entire process:
Business details and an effective date. That is the application. No credit check.
License bonds like this are among the thousands of bond types that issue right after purchase.
Your executed bond and power of attorney arrive by email, ready to file with your Palacios contractor registration. Wet-ink original mailed on request.
A contractor license bond is a compliance guarantee to the City of Palacios. When you register as a contractor with the city, Palacios wants a financial backstop that you'll follow its building codes, permit conditions, and ordinances while you work inside city limits.
It is a three-party arrangement: you (the principal), the surety carrier standing behind you, and the City of Palacios (the obligee). If a contractor violates the city's code or permit terms and the city or a resident is harmed, they can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. Contractors who pull proper permits and follow code treat the bond as a registration formality, and we keep your $5,000 filing continuous with renewal notices 60 and 30 days out.
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 $5,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
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.
File with the City. Your executed bond and power of attorney arrive by email, ready to file with your Palacios contractor registration. Wet-ink original mailed on request.
The premium is fixed at $100 at the $5,000 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.
These are the actual issuing fields. No credit check.
Start the application →Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
$100 flat, no credit check, bond often issued in the same sitting. Free until issued.