Lincolnwood contractor license bonds.
$100 flat.
Also known as the Village of Lincolnwood, Illinois Contractor License Bond.
No person may engage in the business of contractor in the Village of Lincolnwood without a Village license, and licensing is conditioned on a $10,000 surety bond. Ours is $100 flat — the price you see is the checkout price — with a short application that collects no credit check.
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How much does a Lincolnwood contractor license bond cost?
$100 at the $10,000 amount, the same for every applicant.
Three steps. One sitting.
Village license bonds are 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
Village license bonds like this are among the thousands of bond types that issue right after purchase.
File with the Village
Your executed bond and power of attorney arrive by email, ready to file with your Lincolnwood contractor license application or renewal. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
The Village of Lincolnwood requires a person to hold a Village contractor license before engaging in the business of contractor within its limits, and conditions that license on a $10,000 surety bond. The bond stands behind a contractor's compliance with village code and permit requirements.
It's a three-party arrangement: you (the principal), the surety carrier, and the Village of Lincolnwood (the obligee), with property owners and the village as the protected parties. Village officials regularly inspect job sites and investigate whether a person doing contractor work is properly licensed and bonded.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond must stay active for the life of your license, so we track it and send renewal reminders as your term approaches.
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 Village. Your executed bond and power of attorney arrive by email, ready to file with your Lincolnwood contractor license application or renewal. 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 Lincolnwood license today.
$100 flat, no credit check, bond often issued in the same sitting. Free until issued.