The City of Muncie, Indiana requires licensed electrical contractors to carry a $5,000 license bond. Ours is $100 flat, set by our carrier's rate book for this bond. It renews on the City's year-end statutory cycle (12/31). The bond issues the moment you pay — no credit review of any kind, not even a soft pull.
















Contractor license bonds are the simplest thing in surety. Here's the entire process:
Business details, an effective date, and the City's statutory renewal term. That's the application — no financials, and no credit section to fill out.
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 City of Muncie electrical contractor license. Wet-ink original mailed on request.
The City of Muncie, Indiana licenses electrical contractors and conditions that license on a $5,000 surety bond. The bond guarantees you'll perform electrical 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 Muncie (the obligee), with the public protected. If an electrical contractor violates the City's contractor ordinances or abandons permitted work, 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 license formality, not a risk.
These are the actual issuing fields — the application collects no credit information.
Start the application →$100 flat, no credit review, bond often issued in the same sitting. Free until issued.