Getting your Nevada contractor license is the first step in getting the full coverage of a Nevada contractor bonds. There are clear benefits of getting your Nevada contractors license and being able to secure Nevada contractor bonds.
Being a licensed contractor means that you will be able to provide your clients with assured services from a professional business that they can trust. For many property owners, the Nevada contractors license and Nevada contractor bonds are a must-have.
Where to Start
Nevada contractor bonds are only available to licensed contractors. Your first step to getting your license is to take the Nevada contractors license exam. One of the best ways to ensure that you are fully prepared to do well on the exam is to enroll in a Nevada contractor license exam prep.
The Nevada contractor license requirements include the following:
- Must be 18 years of age or older
- Have at least 4 years of experience
- Your work experience must have been within the previous ten years
Getting your license as a contractor in Nevada will allow you to get the Nevada contractors bond. Depending on the type of license you are applying for (there are 3 types) your surety bond can be up to $500,000.
Why Get Licensed and Bonded?
There are three good reasons why getting licensed and bonded is important to your business. The first is, of course, being licensed lends legitimacy to your business which attracts consumers. When you take the time to do things right it speaks volumes about what clients can expect from your business.
You will be able to bid on municipal projects, government projects, and other large projects. Every large project in Nevada will require that you have a license and that your business has a Nevada contractor bond.
A contractor bond is protection for your business, the client and the State of Nevada. It does not take the place of your business insurance but instead is an added layer of protection for all parties involved in the project.
Your Business Is Worth It
The US construction industry is worth about $1,162 billion. Getting your piece of the pie starts with making sure your business stays competitive. A contractor’s license and a Nevada contractor bond will keep your business competitive and help you grow it.