The Village of Hanover Park requires general, carpentry, concrete, electrical, fence, fire sprinkler, HVAC, and sign contractors to register with the Inspectional Services Division and file a $10,000 surety bond before a building permit will be issued. The village sets the bond amount; our rate is 0.5% of the bond amount, $100 minimum, and the application collects no credit information.
















No underwriting queue for the standard village contractor bond — apply, pay, and file with Inspectional Services. Here is the whole thing:
Your business details, your contractor trade, and an effective date — the bond amount is already set at $10,000.
The application collects no credit information, so most contractor bonds like this issue the moment you pay.
Submit the executed bond and power of attorney with your Hanover Park contractor registration. Wet-ink original mailed on request.
The Village of Hanover Park requires a contractor to register with the Inspectional Services Division and carry a $10,000 surety bond on file before the village will issue a building permit. That $10,000 amount applies to general, carpentry, concrete, electrical, fence, fire sprinkler, HVAC, and sign contractors — sewer contractors instead post a $20,000 bond.
It's a three-party arrangement: you (the principal), the surety carrier, and the Village of Hanover Park (the obligee), with the village and harmed property owners as the protected parties. If a contractor's work fails to meet code or leaves covered obligations unpaid, the village or a harmed party can look to the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. Hanover Park will not issue a building permit until every contractor performing work on a project is registered and bonded, so subcontractors need their own filing too.
These are the actual issuing fields — no credit section, because this application doesn't collect credit information.
Start the application →0.5% of the bond amount, $100 minimum, soft pull only, bond often issued in the same sitting. Free until issued.