Individuals or business entities seeking to obtain or renew a Residential Roofer license in the state of Minnesota. Required when: Application for or renewal of a residential roofer license. Exemptions: Contractors with gross annual receipts of less than $15,000 from residential contracting or remodeling activities ar…
Overview
What it is.
Individuals or business entities seeking to obtain or renew a Residential Roofer license in the state of Minnesota. Required when: Application for or renewal of a residential roofer license. Exemptions: Contractors with gross annual receipts of less than $15,000 from residential contracting or remodeling activities ar…
Who usually needs it
Individuals or business entities seeking to obtain or renew a Residential Roofer license in the state of Minnesota.
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$15,000Term lengthContinuousObligeeMinnesota Department of Labor and Industry, Construction Codes and Licensing DivisionRenewalThe bond must be maintained for as long as the licensee remains licensed. Licenses are renewed biennially by March 31st. The surety's aggregate liability is limited to the bond amount for each two-year period the bond r…Bond classLicense BondCategoryConstructionBondResidential Roofer Surety BondStatutory referenceMinnesota Statutes § 326B.86, subd. 1JurisdictionState
