Chicago wrecking bonds.
$100 flat.

Before Chicago issues a permit to wreck or tear down a building of three stories or less, the person doing the work must file a $20,000 bond with the City Clerk — this is the demolition industry's "wrecking bond," not a tow-truck bond. Ours is $100 flat, and the price you see is the checkout price. The application collects no credit information.

Required for a City of Chicago wrecking permit on a building of three stories or less
Fixed price, fixed amount — $20,000 bond, $100, no quote process
A larger $40,000 bond applies to buildings of four or more stories
Instantissued the moment you paySoft pull onlynever a hard inquiry1–3 yrterms available
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.

A wrecking bond is about the simplest filing in the demolition permit stack. 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

Demolition 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 City Clerk

Your executed bond arrives by email, ready to file with the City Clerk before your wrecking permit issues. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

Chicago's Building Code requires that before any permit issues authorizing the wrecking of a building or structure, the person doing the wrecking file a bond with sureties approved by the City Comptroller. For a building of three stories or less, that bond is set at $20,000; a taller building — four stories or more — requires a $40,000 bond instead.

It's a three-party arrangement: you (the principal), the surety carrier, and the City of Chicago (the obligee), protecting the City and the public from loss, cost, damage, or liability arising from the wrecking operation — accidents to persons or property during demolition, for example.

It is not insurance for you — if the surety pays a claim, you repay the surety. The Code also requires a separate $500 bond covering restoration of the site once wrecking is complete; we write that one too.

City of Chicago, Department of Buildings — Wrecking permit bond requirementsBefore the City issues a permit to wreck or demolish a building, the Department of Buildings requires the person doing the work to file a bond with sureties approved by the City, to indemnify the City against loss, cost, damage, or liability arising from the wrecking operation, sized to the building's height, along with a separate bond covering restoration of the site once the work is complete. Confirm current bond amounts and class-specific requirements with the Department of Buildings before you apply.

You need this bond if you're

Pulling a Chicago wrecking permit for a building of three stories or less
A licensed general contractor taking on a demolition project within the City
Renewing a wrecking bond whose term is expiring mid-project
Demolishing a taller building — confirm you need the $40,000 bond instead, not this $20,000 one

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 wrecking bond?The premium is $100 flat — set by our carrier's rate book for this bond, the same for every applicant. The $20,000 bond amount applies to buildings of three stories or less under the City's wrecking permit rules, so there is no quote process.
Do I pay the $20,000?No. You pay $100. The $20,000 is the surety's maximum liability if the City makes a valid claim against the bond — not a deposit, and nobody holds your money.
How fast will I have the bond?Demolition 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.
Is this the same as a tow truck bond?"Wrecker" is demolition-trade terminology in Chicago's Building Code — this bond backs a wrecking (demolition) permit, not a tow truck or towing operator license. Tow truck licensing runs through a separate City program.
Related bonds

Other Illinois bonds.

Get your wrecking permit moving.

$100 flat, soft pull only, bond often issued in the same sitting. Free until issued.

Your price$100
Apply now →