City of Minneapolis, Minnesota - Masonry Contractors Class A License
Masonry Contractor - 3rd Party Liability
Overview
What it is.
Masonry Contractor - 3rd Party Liability
Who usually needs it
Masonry contractors (businesses or individuals specializing in masonry work such as construction, alteration, repair, or installation of masonry elements) who hold or are applying for a Class A License to operate as residential specialty contractors within Minneapolis city limits need this bond as part of the city's business licensing requirements.
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateMNBond amount$10,000ObligeeCity of Minneapolis, MinnesotaBond classLicense BondCategoryOtherBondCity of Minneapolis, Minnesota - Masonry Contractors Class A LicensePlain descriptionMasonry Contractor - 3rd Party LiabilityWho needs this bondMasonry contractors (businesses or individuals specializing in masonry work such as construction, alteration, repair, or installation of masonry elements) who hold or are applying for a Class A License to operate as res…
