Illinois Contractor License Bond

Illinois Contractor License Bond

Illinois Contractor License Bond


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What is an Illinois Contractor License Bond? 

Illinois Contractor License Bond's are required by Illinois's Department of Financial and Professional Regulation to obtain your Illinois Contractor License Bond. The Illinois Contractor License Bond amount is set at $10,000 or $25,000. 


 
The State requires a Contractor License bond for :  


a $10,000 surety bond for the limited bond

a $25,000 surety bond for the unlimited bond

 

Different parts of a bond:


 There are 3 parts to a Contractor License surety bond. The Principal "YOU", The Surety Company, and the Obligee. The Principal is the business or individual applying for the Contractor License Surety Bond. The Obligee is the individual or entity requiring the Surety Bond and the Surety Company is the company who provides the Surety Bond coverage.


Try our 100%  Secure Contractor License Bond Online Application to get the Lowest Contractor License bond rates in all 50 States.



Program:


You can buy your Illinois Contractor License Bond (Apply) online immediately


Illinois Contractor License Bond Information and Requirements:


a $10,000 surety bond for the limited bond

a $25,000 surety bond for the unlimited bond


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