Joliet wrecking contractor bonds.
$250 flat.
The City of Joliet requires a $50,000 bond from contractors performing wrecking and demolition work under a city demolition permit. Ours is $250 flat — the price you see at checkout is the price you pay, the same for every contractor. No credit check.
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How much does a Joliet wrecking contractor bond cost?
$250 at the $50,000 amount, the same for every applicant.
Three steps. One sitting.
A municipal wrecking bond is among the simplest bonds we issue. Here is the whole process:
Apply online
Business details and an effective date — that is the application. No financials, no credit check.
Pay & e-sign
Permit bonds like this are among the thousands of bond types that issue right after purchase.
File with the City of Joliet
Your executed bond and power of attorney arrive by email, ready to file with your demolition or wrecking permit application or renewal. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
The City of Joliet’s Building & Inspectional Services Division requires a wrecking or demolition contractor to hold a $50,000 bond, alongside a certificate of insurance naming the City as an additional insured, before it issues a demolition permit.
It’s a three-party arrangement: you (the principal), the surety carrier, and the City of Joliet (the obligee). The bond guarantees a demolition is completed safely and in compliance with the city’s permit conditions — site clearing, debris removal, and utility disconnects included — so the City isn’t left with a half-finished demolition site or an unsafe lot.
It is not insurance for you. If the City makes a valid claim and the surety pays, you repay the surety. Demolition sites that get cleared and closed out cleanly treat the bond as a permit formality, not a risk.
You need this bond if you are
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 $50,000 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.
Renewal falls on the statutory date, October 7, in the year your term ends.
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 City of Joliet. Your executed bond and power of attorney arrive by email, ready to file with your demolition or wrecking permit application or renewal. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $250 at the $50,000 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 Joliet demolition permit today.
$250 flat, no credit check, bond often issued in the same sitting. Free until issued.