Illinois Contractor License Bond Prices - Buy Online
$25,000 Bond
Expires 12/31 in Odd-numbered Years
$10,000 Bond
Expires 12/31 in Odd-numbered Years
$20,000 Bond
Expires 9/30
Bonds up to $25,000
1-Year Bond Starts at $100.00
1% of the Bond Amount
2-Year Bond Starts at $175.00
1.75% of the Bond Amount
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What Does a Contractor License Bond Protect Against?
The Department of Financial and Professional Registration requires a Roofing Contractor Bond for those engaged in the business of roofing contracting in the State of Illinois. The bond guarantees faithful observance of all ordinances and laws of the State of Illinois and all rules, regulations and building codes. The bonded entity is obligated to pay damages to any person, firm or corporation damaged by reason of the surety bond principal's violation of laws, ordinances, rules, regulations or building codes. The Illinois Department of Public Health requires a Plumbing Contractor Surety Bond to ensure the bonded principal or other persons authorized to perform plumbing under the principal's supervision perform plumbing in compliance with the plumbing codes as required pursuant to Illinois rules, Part 894.
See our Spotlight article for more on Contractor License Bonds. If this bond is for a job that you are bidding or a contract that has been awarded to you, the surety bond you need is a Contract/Construction Bond rather than a Contractor License Bond.