MN electrical contractor bonds.
$125 flat.

Minnesota conditions every electrical contractor license on a fixed $25,000 bond filed with the Department of Labor and Industry — ours is $125 flat, set by our carrier’s rate book for this bond. The bond issues the moment you pay — no credit review of any kind, not even a soft pull.

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Required for your MN electrical contractor license — new applicants and renewals through DLI

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Fixed amount, fixed price — $25,000 bond, $125, no quote process

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Multi-year terms available — set it up once for up to 3 years

A-ratedA.M. Best carriersInstantunderwriting process1–3 yrterms available

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How it works

Three steps. One sitting.

License bonds are the simplest thing in surety. Here’s the entire process:

NOW · ONLINE

Apply online

Business details and an effective date. That’s the application — no financials, no credit 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 DLI

Your executed bond on form CC0516 arrives by email, ready to file with your Department of Labor and Industry license application or renewal. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

Minnesota licenses electrical contractors through the Department of Labor and Industry, and conditions the license on a $25,000 bond under Minn. Stat. 326B.33, subdivision 19. The bond is conditioned on the faithful and lawful performance of all electrical work the contractor performs in Minnesota.

It is a three-party arrangement: you (the principal), the surety carrier, and the State of Minnesota (the obligee), with anyone harmed by your work as the protected party. The bond is for the benefit of persons injured or suffering financial loss by reason of a failure of performance, and it is filed in lieu of all other electrical license bonds to any political subdivision.

It is not insurance for you — if the surety pays a claim, you repay the surety. Contractors who do permitted, code-compliant work treat the bond as a license formality, not a risk.

Minn. Stat. 326B.33, subd. 19 (form CC0516)Minnesota Statutes section 326B.33, subdivision 19, conditions an electrical contractor license on a $25,000 bond filed with the Department of Labor and Industry, conditioned upon the faithful and lawful performance of all electrical work in Minnesota and for the benefit of persons injured or suffering financial loss by reason of a failure of performance. The bond (form CC0516) is in lieu of all other electrical license bonds to any political subdivision.

You need this bond if you are

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Applying for a MN electrical contractor license through Labor and Industry

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Renewing your contractor license and your current bond is expiring or non-renewing

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Converting from a personal license to a contractor license that requires the bond

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An out-of-state contractor getting licensed to do electrical work in Minnesota

One application, issued instantly.

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

Start the application →

FAQ

Common questions.

How much is the Minnesota electrical contractor bond?The premium is $125 — set by our carrier’s rate book for this bond, the same for every contractor. The $25,000 bond amount is set by statute, so there is no quote process; the price you see is the checkout price.

Do I pay the $25,000?No. You pay $125. The $25,000 is the surety’s maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.

How fast will I have the bond?License bonds like this are among the thousands of bond types that issue right after purchase — many contractors finish the application and have the bond in the same sitting. At most, 1–2 business days.

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.

Does this replace local electrical license bonds?Yes. Under 326B.33, the state $25,000 bond is in lieu of all other electrical license bonds to any political subdivision — you file one bond with Labor and Industry rather than a separate bond for each city.

Related bonds

Other Minnesota bonds.

Finish your license checklist today.

$125 flat, no credit review, bond often issued in the same sitting. Free until issued.

Start application

Your price$125

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