Indianapolis electrical bonds.
$300. Five minutes.

The Consolidated City of Indianapolis requires a $10,000 electrical contractor bond to hold an electrical contractor license through its Department of Business and Neighborhood Services (BNS). Ours is $300 flat — exactly 3% of the bond amount. Licenses renew in odd-numbered years.

Required for your Indianapolis electrical contractor license through the Department of Business and Neighborhood Services
Fixed price, fixed amount — $10,000 bond, $300, no quote process
Renews in odd-numbered years — multi-year terms available to match
A-ratedA.M. Best carriersFastoften same purchase1–3 yrterms available
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps. One sitting.

Municipal license bonds are the simplest thing in surety. Here's the entire process:

NOW · 5 MINUTES

Apply online

Business details and an effective date. That's the application — no financials, no credit check section.

MINUTES, USUALLY

Pay & e-sign

License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.

SAME DAY

File with BNS

Your executed bond arrives by email, ready to file with your Indianapolis electrical contractor license packet. Wet-ink original mailed on request.

The whole pricing page.

$10,000 bond × 3% = $300, one-time per term. Fixed amount, fixed price; the license renews in odd-numbered years.

1-year term
$300
2-year term
$600
3-year term
$900
About this bond

What it is and who needs it.

What the bond actually guarantees

The Consolidated City of Indianapolis licenses electrical contractors through its Department of Business and Neighborhood Services (BNS), and conditions the license on a $10,000 surety bond. The bond is a code-compliance and public-protection guarantee: it stands behind your compliance with the city's electrical code and licensing rules.

It's a three-party arrangement: you (the principal), the surety carrier, and the City of Indianapolis (the obligee). If a licensed electrical contractor violates the city's electrical code or licensing ordinance, the city — or a party harmed by the violation — can recover against the bond.

The license renews in odd-numbered years (it expires December 31 of each odd year). The bond must stay active for the life of the license, so we track it and send renewal notices 60 and 30 days out. It is not insurance for you — if the surety pays a claim, you repay the surety.

City of Indianapolis — Dept. of Business and Neighborhood ServicesThe Consolidated City of Indianapolis licenses electrical contractors through its Department of Business and Neighborhood Services (BNS) and conditions the license on a $10,000 surety bond. The license expires December 31 of each odd-numbered year and renews biennially. The bond amount and terms are set by the City of Indianapolis; confirm filing details with the BNS licensing division.

You need this bond if you're

Applying for an Indianapolis electrical contractor license through BNS
Renewing your license for the next odd-year biennial term
An electrical contractor expanding into Indianapolis from elsewhere in Marion County
Adding the city license to work inside the Consolidated City

Five minutes. The whole thing.

These are the actual issuing fields — no credit check section, because this bond doesn't have one.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the Indianapolis electrical contractor bond? +
The premium is $300 — a flat 3% of the fixed $10,000 bond amount, the same for every contractor. The $10,000 is set by the city, so there is no quote process.
Do I pay the $10,000? +
No. You pay $300. 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.
When does the license renew? +
The Indianapolis electrical contractor license renews biennially, expiring December 31 of each odd-numbered year. Your bond must stay active for the life of the license — we send renewal notices 60 and 30 days out.
Is there a credit check? +
Not on this bond — the application has no credit section at all. Small fixed-amount license bonds like this one don't need one.
Who requires this bond? +
The Consolidated City of Indianapolis, through its Department of Business and Neighborhood Services (BNS), requires it as a condition of an electrical contractor license. No active bond, no license.
Related bonds

Other New York bonds.

Finish your Indianapolis electrical license today.

$300 flat, five-minute application, bond often issued in the same sitting. Free until issued.

Your premium @ 3%$300
Apply now →