All Home Improvement Contractor Businesses (HICBs) and Home Elevation Contractor Businesses (HECBs) registered in New Jersey. Required when: Required as a condition for obtaining, renewing, or reinstating a contractor business registration. Exemptions: New home builders registered with the Department of Community Affa…
Overview
What it is.
All Home Improvement Contractor Businesses (HICBs) and Home Elevation Contractor Businesses (HECBs) registered in New Jersey. Required when: Required as a condition for obtaining, renewing, or reinstating a contractor business registration. Exemptions: New home builders registered with the Department of Community Affa…
Who usually needs it
All Home Improvement Contractor Businesses (HICBs) and Home Elevation Contractor Businesses (HECBs) registered in New Jersey.
Pricing & timing
What to expect.
Generic pricing
Miscellaneous commercial bonds cover a wide range of business obligations not fitting other categories. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger 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. Pricing varies by specific bond type and requirements. Some miscellaneous bonds may price higher depending o…
Typical timeframe
Credit-based approval — varies by bond type
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.
StateNJBond amount$10,000 for single contracts under $10,000 or annual totals under $150,000; $25…Term lengthAnnualObligeeNew Jersey Division of Consumer AffairsRenewalContractors must renew their registration and provide proof of a valid bond annually by March 31 through the Division of Consumer Affairs online registration portal.Bond classMiscellaneous CommercialCategoryProfessional ServicesBondCompliance BondStatutory referenceN.J.S.A. 56:8-142JurisdictionState
