Minneapolis Class A wrecker bonds.
$250 flat.
To hold a Class A building wrecker license in Minneapolis — the unrestricted class, able to demolish a building of any size or height — the City requires a fixed $50,000 bond on file with Business Licenses & Consumer Services. Ours is $250 flat — the same for every Class A wrecker. No credit check.
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How much does a Minneapolis Class A wrecker bond cost?
$250 at the $50,000 amount, the same for every applicant.
Three steps to license-ready.
A Minneapolis Class A wrecker bond is straightforward surety despite the large bond amount. Here's the whole process:
Apply online
Business details, owner information, and an effective date — that is the entire application. No financials, no credit check.
Pay & e-sign
Bonds like this are among the thousands of bond types that issue right after purchase.
File with the City
Your executed $50,000 bond arrives by email, ready to file with your Minneapolis Class A building wrecker license application or renewal. Wet-ink original mailed on request.
What it is and who needs it.
What the Minneapolis Class A wrecker bond guarantees
The City of Minneapolis licenses building wreckers through its Business Licenses & Consumer Services division, and splits the license into Class A (unrestricted — any building regardless of size or height) and Class B (a $10,000-bonded, more limited tier). Demolition on this scale, done wrong, can leave debris, unsafe openings, or damaged utilities behind — the bond gives the City a financial backstop.
The bond is a compliance guarantee running to the City of Minneapolis: it stands behind a Class A wrecker's obligation to demolish structures according to City permit conditions and to clean up and secure the site afterward. If a licensee fails to comply, the City can bring a claim against the bond.
It's a three-party arrangement — you (the principal), the surety carrier, and the City of Minneapolis (the obligee). It is not insurance for you: if the surety pays a claim, you repay the surety. The bond has to stay active for the life of your Class A license, so we track it and send renewal notices ahead of expiration.
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 $50,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
Renewal falls on the statutory date, October 7, 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 the City. Your executed $50,000 bond arrives by email, ready to file with your Minneapolis Class A building wrecker license application or renewal. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $250 at the $50,000 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 Minnesota bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Get your Minneapolis Class A wrecker bond today.
$250 flat, e-signed $50,000 bond, often issued in the same sitting. Free until issued.