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Illinois Contractor Bonds

Illinois Contractor Bond License Guide

Illinois requires contractors to obtain a contractor bond to become licensed. The amount for these bonds varies depending on the type of contractor, location, and project. Some of these bonds can be issued instantly online for a set premium or are prorated for the bond term’s end date.

Why are contractor bonds required in Illinois?

Multiple counties and cities require contractors in Illinois to post surety bonds prior to starting work. These bonds ensure the principal (contractor) will abide by all applicable rules and legislation outlining the classification-specific work, in addition to protecting consumers from damages caused by negligent or faulty work. Obligees (government entities requiring the bond) enforce the legal language on the bond form that places liability on the principal.

Affected contractors can file a claim against the surety bond; if found to have validity, the surety (the company that financially backs the bond) will pay the claim up to the bond’s full amount. However, the principal is required to reimburse the surety in full for any money paid out.

Limited and Unlimited Roofing Contractor Bond

Roofing contractors are required to post a surety bond to be registered to work within the state of Illinois. The applicant’s credit history must be reviewed by a surety underwriter as the cost of the bond is currently underwritten. The bond amounts are $10,000 and $25,000 for limited and unlimited roofing contractors, respectively. Contractors must submit an application, along with a $125 fee, proof of Worker’s Compensation, have a passing grade of the Illinois Residential Examination, and complete documents RF-INS and BD-RF to become registered.

Plumbing and Irrigation Contractor Bonds

Plumbing and irrigation contractors in the state of Illinois are required to post a $20,000 surety bond to become licensed to work. This bond can be purchased instantly online for $100 for a one-year term expiring September 30 (Plumbing) and February 28 (Irrigation). The bond premium may be prorated to match the cost of the time remaining before the bond’s end date. Contractor’s must submit an application along with the following requirements:

Illinois city-specific contractor bonds

Many Illinois contractors are required to post a surety bond with the city or county they work in. More information on city and county-specific requirements can be found below.

Village of Palatine Contractor Bond

The Village of Palatine requires contractors to post a surety bond to become registered to work. The bond amounts and costs are currently $10,000 for a $100 premium and $25,000 for a $125 premium for sub-contractors and general contractors, respectively. Though the bond can be registered for a one-year term, a 25% multi-year discount is available for customers who purchase this bond for a multiple-year term upfront. To obtain a contractor’s permit within the village, applicants must submit an application through the Citizen Self Service Portal.

Will County Contractor Bond

A $10,000 surety bond is required of contractors by Will County. Purchase your surety bond instantly online for a one-year term for a $100 premium. A 25% multi-year discount is available for customers who purchase this bond for a multiple-year term upfront. Save time and money today by purchasing your bond today! Will County contractors must submit an application and possess general liability, worker’s compensation, and a specified fee to become registered.

City of Elmhurst Contractor Bonds

A surety bond is required for contractors to become registered to work within the City of Elmhurst. The bond amounts and costs are currently $10,000 for a $100 premium and $25,000 for a $125 premium for sub-contractors & roofers and general contractors, respectively. Purchase your contractor bond instantly online for a one-year term for a $100 premium. A 25% multi-year discount is available for customers who purchase this bond for a multiple-year term upfront. Contractors must submit an application and a $100 fee to become registered.

Visit SuretyBonds.com or call us at 1 (800) 308-4358 to talk to a representative to get started on securing your Illinois bond today!

Search all contractor bonds in Illinois

Over the years, our bonding experts have put together the most comprehensive surety bond library. Most of our contractor bonds can be purchased instantly online in only a few minutes.

Use the list below to browse all of our available contractor bonds in Illinois You can also try searching by bond amount, obligee, or bond name.