Nail the Utah Contractor Exam 2026 – Build Your Future with Confidence!

A contractor typically obtains a surety bond through an insurance agent. Insurance agents specialize in various types of insurance and bonding services, making them well-equipped to provide the necessary surety bonds required for contractors to operate legally. Surety bonds serve as a form of guarantee that the contractor will fulfill their contractual obligations. Insurance agents usually have connections with surety companies and can help contractors navigate the application process, ensuring that they secure the bond suited to their specific needs.

While options like the state license board, credit unions, and banks may play roles in different aspects of a contractor's financial management or compliance, they do not specifically issue surety bonds. The state license board regulates contractor licensing, but it does not provide bonds. Credit unions and banks focus more on financial products like loans and savings accounts rather than bonding services. Therefore, the most appropriate avenue for obtaining a surety bond is through an insurance agent, who can facilitate the necessary arrangements with surety companies.