Indianapolis Type C wrecking bonds.
$175 flat.
The City of Indianapolis sets its wrecking (demolition) contractor bond in tiers, and Type C is the $10,000 level — the smallest tier, for limited demolition work. Ours is $175 flat, set by our carrier's rate book for this bond. It renews on the City's odd-year statutory cycle, and no credit check.
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How much does an Indianapolis Type C wrecking bond cost?
$175 at the $10,000 amount, the same for every applicant.
Three steps. One sitting.
Wrecking license bonds are simple to issue. Here's the entire process:
Apply online
Business details, an effective date, and the City's statutory renewal term. 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 your license
Your executed bond arrives by email, ready to file with your Indianapolis Type C wrecking license. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
The City of Indianapolis licenses wrecking (demolition) contractors in tiers, and Type C carries the $10,000 bond — the smallest tier, for limited demolition work. The bond guarantees you'll perform demolition according to the City's ordinances, protect adjacent property and the public, 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 and neighboring owners protected. If a wrecking contractor damages property, leaves a hazard, or violates the City's demolition ordinances, 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 demolish safely and to code treat the bond as a license formality, not a risk.
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 your license. Your executed bond arrives by email, ready to file with your Indianapolis Type C wrecking license. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $175 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 Type C wrecking license today.
$175 flat, no credit check, bond often issued in the same sitting. Free until issued.