This bond is required for anyone who wants to operate a plumbing business in Illinois. It's a $20,000 financial guarantee that protects customers and the state if a plumbing contractor breaks the law, does poor work, or fails to meet their obligations. If a contractor causes financial harm through violations or miscon…
Overview
What it is.
This bond is required for anyone who wants to operate a plumbing business in Illinois. It's a $20,000 financial guarantee that protects customers and the state if a plumbing contractor breaks the law, does poor work, or fails to meet their obligations. If a contractor causes financial harm through violations or miscon…
Who usually needs it
Licensed plumbing contractors in Illinois who are registered with the Illinois Department of Public Health (IDPH) to perform plumbing work must obtain this $20,000 surety bond as part of their contractor registration process. This includes contractors operating as corporations, limited liability companies (LLCs), and partnerships.
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.
StateILBond amount$20,000ObligeeState of IllinoisBond classLicense BondCategoryConstructionBondIllinois Plumbing Contractor BondJurisdictionStatePlain descriptionThis bond is required for anyone who wants to operate a plumbing business in Illinois. It's a $20,000 financial guarantee that protects customers and the state if a plumbing contractor breaks the law, does poor work, or…Who needs this bondLicensed plumbing contractors in Illinois who are registered with the Illinois Department of Public Health (IDPH) to perform plumbing work must obtain this $20,000 surety bond as part of their contractor registration pr…