Indianapolis electrical bonds.
$176 flat.
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 $176 flat — the price you see is the checkout price. Licenses renew in odd-numbered years.
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How much does an Indianapolis electrical bond cost?
$176 at the $10,000 amount, the same for every applicant.
Three steps. One sitting.
Municipal license bonds are 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
License bonds like this are among the thousands of bond types that issue right after purchase.
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.
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.
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 carrier issues this bond for a term it sets; the term cannot be changed at checkout.
Renewal falls on the statutory date, December 31, 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 BNS. Your executed bond arrives by email, ready to file with your Indianapolis electrical contractor license packet. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $176 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 Indiana bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your Indianapolis electrical license today.
$176 flat, no credit check, bond often issued in the same sitting. Free until issued.