The City of Indianapolis requires registered general contractors to carry a $10,000 license bond. Ours is $300 flat — 3% of the bond amount, identical for every contractor. This bond renews on Indianapolis's statutory schedule (even-numbered years), and the application is five minutes with no credit check.
















Contractor license bonds are the simplest thing in surety. Here's the entire process:
Business details and an effective date, plus the City's statutory renewal term. That's the application — no financials, no credit check section.
License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond arrives by email, ready to file with your Indianapolis contractor registration. Wet-ink original mailed on request.
$10,000 bond × 3% = $300, one-time per term. Fixed amount, fixed price, multi-year if you want it.
The City of Indianapolis registers general contractors and conditions that registration on a $10,000 surety bond. The bond is a guarantee that you'll perform work according to the City's building and licensing ordinances and correct work the City finds deficient.
It's a three-party arrangement: you (the principal), the surety carrier, and the City of Indianapolis (the obligee), with the public protected. If a contractor violates the City's contractor ordinances or leaves permitted work in violation, the City or a harmed party can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. Contractors who pull proper permits and finish their work treat the bond as a registration formality, not a risk.
These are the actual issuing fields — no credit check section, because this bond doesn't have one.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
$300 flat, five-minute application, bond often issued in the same sitting. Free until issued.