IL personal property warehouse bonds.
Flat 3%. Soft pull.
Before an Illinois personal property warehouseman is licensed, it files a surety bond (or legal-liability policy) under the Personal Property Storage Act to protect depositors’ stored goods. We issue the bond at a flat 3% with one soft credit pull that never affects your score — enter the required amount and the premium updates.
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Three steps to filed.
Your warehouse license is waiting on this security. Here is the whole process — no broker phone tag:
Apply online
Your business details, years in business, the bond amount your class requires, and the effective date — that is the application, plus a one-time consent to a soft credit pull.
Reviewed & approved
Most clear quickly; if underwriting needs anything, an underwriter reaches out within 48 hours. The credit check is a soft pull that never affects your score.
File with the Commission
Receive the executed bond ready to file as security before your license issues. Wet-ink originals mailed whenever the Commission insists.
The whole pricing page.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the security your warehouse class requires and the premium updates.
What it is and who needs it.
What the warehouse bond actually covers
Illinois regulates personal property warehouses under the Personal Property Storage Act (240 ILCS 10). Before a license issues, the warehouseman must file a surety bond or legal-liability insurance policy as security for the goods depositors leave in its care.
The bond provides for the warehouseman’s faithful performance of its duties under the Act and the Uniform Commercial Code, and for payment of any loss or damage sustained by a depositor of stored property. It is payable for the benefit of owners of the stored goods.
The required security varies by warehouse class and size — commonly from $10,000 up, with larger classes carrying higher amounts. A continuous surety bond may stand in for the insurance coverage. We issue the amount your class requires at a flat 3% with one soft credit pull; if the surety pays a claim, you repay the surety.
You need this bond if you are
Five minutes. The whole thing.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Illinois warehouse bond? +
Can I use insurance instead of a bond? +
Is there a credit check? +
Who does the bond protect? +
What amount should I choose? +
Other New York bonds.
Warehouse bond, handled today.
Flat 3%, $275 minimum, five-minute application. Soft pull only, e-signed bond in 1–2 business days. Free until issued.