Homewood contractor registration bonds.
$100 flat.
The Village of Homewood conditions contractor registration on a $10,000 license and permit bond, deposited with the Village Building Official — ours is $100 flat, and the price you see is the checkout price. No credit check, and most applicants approve instantly.
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How much does a Homewood contractor registration bond cost?
$100 at the $10,000 amount, the same for every applicant.
Three steps. One sitting.
A Homewood contractor registration bond is about the simplest thing in surety. Here's the entire process:
Apply online
Business details and an effective date. That is the application. No credit check.
Pay & e-sign
Registration bonds like this are among the thousands of bond types that issue right after purchase.
File with the Building Official
Your executed bond arrives by email, ready to deposit with the office of the Village Building Official alongside your registration application. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
The Village of Homewood registers contractors under Article V of Chapter 12 of the Village Code and conditions that registration on a $10,000 license and permit bond, deposited with the office of the Village Building Official.
It's a three-party arrangement: you (the principal), the surety carrier, and the Village of Homewood (the obligee). The Code conditions the bond on holding the Village harmless against loss, cost, damage, judgment or liability arising from anything done or neglected under the authority of the registration, and on the applicant's faithful observance of all applicable Village and state law.
It is not insurance for you — if the surety pays a claim, you repay the surety. Village Code §12-122(a) notes this bond stands in lieu of a separate bond otherwise required from a contractor under §34-236, so one $10,000 bond covers both. Registration runs one year from its anniversary date of issuance, so plan your renewal around that date, not the calendar year.
You need this bond if you're
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the $10,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with the Building Official. Your executed bond arrives by email, ready to deposit with the office of the Village Building Official alongside your registration application. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $100 at the $10,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
No credit check.
One application, issued instantly.
These are the actual issuing fields. No credit check.
Start the application →Common questions.
Other Illinois bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your Homewood contractor registration today.
$100 flat, no credit check, bond often issued in the same sitting. Free until issued.