The City of Chicago's Department of Buildings requires a $40,000 wrecking bond before it will permit wrecking operations on a building or structure four or more stories tall — a lower $20,000 bond applies to structures of three stories or fewer. Ours is $200 flat at the $40,000 tier, and the price you see is the checkout price. The application collects no credit information.
















Wrecking bonds are about the simplest thing in surety. Here's the entire process:
Business details and an effective date. That's the application — no financials, no credit section.
Wrecking bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond and power of attorney arrive by email, ready to file with your wrecking permit application. Wet-ink original mailed on request.
The City of Chicago's Department of Buildings requires a wrecking bond of $40,000 for wrecking operations on a building or structure four or more stories in height — a lower $20,000 bond applies to structures of three stories or fewer. Demolition work in Chicago also requires the contractor to hold a City of Chicago general contractor license and carry the insurance the City requires.
It's a three-party arrangement: you (the principal), the surety carrier, and the City of Chicago (the obligee), with the public and adjoining property as the protected interest. If wrecking work causes damage or is left incomplete, the City can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. Confirm your structure's story count with the Department of Buildings before you file, since it sets which bond tier applies.
These are the actual issuing fields — no credit section, because this application doesn't collect credit information.
Start the application →$200 flat, soft pull only, bond often issued in the same sitting. Free until issued.