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Shorewood contractor bonds.
$100 flat.

The Village of Shorewood's Building Department requires a general contractor filing its Contractor's Registration Application to attach a $10,000 License & Permit surety bond made out to the Village — its published schedule sets $5,000 for a subcontractor and $50,000 for a wrecking contractor. Ours is $100 flat.

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Required on Shorewood's Contractor's Registration Application for general contractors
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Fixed price, fixed amount — $10,000 bond, $100, no quote process
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Must be signed and contain a 30-day cancellation clause — Shorewood requires the bond made out directly to the Village
A-ratedA.M. Best carriersInstantunderwriting process1–3 yrterms available
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a Shorewood contractor bond cost?

$100 at the $10,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

A Shorewood general contractor registration bond is about the simplest filing in surety. Here's the entire process:

NOW · ONLINE

Apply online

Business details and an effective date. That is the application. No credit check.

MINUTES, USUALLY

Pay & e-sign

Registration bonds like this are among the thousands of bond types that issue right after purchase.

SAME DAY

File with the Building Department

Your executed bond and power of attorney arrive by email, made out to the Village of Shorewood, ready to attach to your Contractor’s Registration Application alongside your insurance certificate. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

Shorewood, a Will County village, does not rely on a state-level contractor license — its Building Department conditions annual contractor registration on a signed License & Permit surety bond made out to the Village, alongside general liability, automobile, excess liability, and (where applicable) workers' compensation insurance. The Village's own registration form sets the bond at $10,000 for a general contractor, $5,000 for a subcontractor performing a single trade, and $50,000 for a wrecking contractor; a short list of trades that hold a State of Illinois contractor certificate — irrigation, roofing, plumbing, fire suppression, and fire alarm — are exempted from the bond, insurance, and fee requirement specifically.

It's a three-party arrangement: you (the principal), the surety carrier, and the Village of Shorewood (the obligee), with property owners and the Village's permit process as the protected interest. If a bonded contractor's work causes damage the registration requirement is meant to guard against, a harmed party can recover against the bond up to the $10,000 penal sum.

It is not insurance for you — if the surety pays a claim, you repay the surety. Shorewood registrations run on a calendar year and expire December 31 (fees aren't prorated, and a registration submitted in the last quarter of the year runs through the following December 31), so we track your filing and notify you ahead of that date to keep it continuous.

Village of Shorewood — Building DepartmentShorewood's contractor registration bond is administered by the Village Building Department under the Shorewood Municipal Code's contractor registration article, which the Village's own registration page cites but does not publish with a fetchable chapter and section number we could independently confirm the text of. The Village's Contractor's Registration Application — fetched directly — sets the general contractor bond at $10,000, the figure this page advertises; confirm any change to that figure with the Building Department at (815) 553-2310 before you apply.

You need this bond if you're

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Registering as a general contractor in Shorewood for the first time, or renewing an expired registration
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Renewing your Village registration before your calendar-year filing lapses on December 31
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A general contractor new to the Shorewood market bidding or booking your first local job
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Reinstating a lapsed registration that needs a fresh bond filing to pull permits again
After you buy

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.

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 Building Department. Your executed bond and power of attorney arrive by email, made out to the Village of Shorewood, ready to attach to your Contractor’s Registration Application alongside your insurance certificate. 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 →
FAQ

Common questions.

How much is the Shorewood, Illinois general contractor bond?The premium is $100 flat — set by our carrier's rate book for this bond, the same for every registering general contractor. The $10,000 bond amount is set by the Village's own registration schedule, so there is no quote process.
Do I pay the $10,000?No. You pay $100. The $10,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money. That's separate from Shorewood's $120 annual registration fee, which you pay to the Village directly.
How fast will I have the bond?Registration bonds like this are among the thousands of bond types that issue right after purchase — many contractors finish the application and have the bond in the same sitting.
Is there a credit check?No credit check: the application collects no credit information. Most applicants approve instantly.
What if I only perform one trade, not general contracting?Then Shorewood's published schedule sets your bond at $5,000, not $10,000 — subcontractors performing a single trade file the lower amount. Contact the Building Department to confirm your classification before applying.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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$100 flat, no credit check, bond often issued in the same sitting. Free until issued.

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