Chicago building wrecker bonds.
$200 flat.

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.

Required by Chicago's Department of Buildings before a permit issues to wreck a 4+ story structure
Fixed price, fixed amount — $40,000 bond, $200, no quote process
Runs to December 31 — set it up once for up to 3 years
A-ratedA.M. Best carriersSoft pull onlynever a hard inquiryTo Dec 31fixed expiry date
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps. One sitting.

Wrecking bonds are about the simplest thing in surety. Here's the entire process:

NOW · ONLINE

Apply online

Business details and an effective date. That's the application — no financials, no credit section.

MINUTES, USUALLY

Pay & e-sign

Wrecking bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.

SAME DAY

File with the Department of Buildings

Your executed bond and power of attorney arrive by email, ready to file with your wrecking permit application. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

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.

City of Chicago — Department of BuildingsThe City of Chicago's Department of Buildings requires a $40,000 wrecking bond 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 also requires a City of Chicago general contractor license and proof of insurance; confirm current bond and insurance requirements with the Department of Buildings before you apply.

You need this bond if you're

Pulling a wrecking permit for a structure four or more stories tall in Chicago
Renewing an existing wrecker bond for continuing demolition work
A demolition contractor new to Chicago filing your first wrecker bond with the City
A general contractor subcontracting demolition that needs its own wrecker bond on file

One application, issued instantly.

These are the actual issuing fields — no credit section, because this application doesn't collect credit information.

Start the application →
FAQ

Common questions.

How much is the Chicago building wrecker bond?The premium is $200 flat at the $40,000 tier — set by our carrier's rate book for this bond, the same for every applicant at that amount. There is no quote process.
Do I pay the $40,000?No. You pay $200. The $40,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.
How fast will I have the bond?Wrecking bonds like this are among the thousands of bond types that issue right after purchase — many applicants finish the application and have the bond in the same sitting. At most, 1–2 business days.
Is there a credit check?The application collects no credit information, so most applicants approve instantly. If a check ever runs on this bond, it's a soft pull that won't affect your score.
What if my structure is three stories or fewer?Then the Department of Buildings sets a lower $20,000 bond instead of $40,000 — a different filing at a different premium. Confirm your structure's story count with the Department of Buildings, and contact us before applying if you need the lower tier.
Related bonds

Other Illinois bonds.

Finish your Chicago wrecking permit today.

$200 flat, soft pull only, bond often issued in the same sitting. Free until issued.

Your price$200
Apply now →