The City of Minneapolis requires a fixed $10,000 bond for a Class B building wrecker license — the license to tear down buildings up to three stories or 35 feet high and up to 10,000 square feet above grade. Ours is $100 flat — the application collects no credit information.
















A City license bond is the simplest thing in surety. Here is the entire process:
Business details and an effective date. That is the application — no financials, and the application collects no credit information.
City license bonds like this are among the bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond arrives by email, ready to file with your Class B building wrecker license application. Wet-ink original mailed on request.
The City of Minneapolis licenses building wreckers in two classes. A Class A wrecker may tear down any building regardless of size or height, on a $50,000 bond; a Class B wrecker is limited to buildings no taller than three stories or 35 feet, and no larger than 10,000 square feet above grade, on a fixed $10,000 surety bond. The bond is a public-safety and compliance guarantee: it stands behind demolition work meeting the City’s wrecking-permit requirements and not endangering the public right-of-way, adjacent structures, or workers.
It is a three-party arrangement: you (the principal), the surety carrier, and the City of Minneapolis (the obligee). If a Class B wrecker demolishes outside its class limits, violates a wrecking permit condition, or leaves an unsafe site, the City can recover against the bond.
It is not insurance for you — if the surety pays the City, you repay the surety. Note that a license is not required at all to tear down a building of two stories or less, or a minor building of 1,000 square feet or less — the City’s Class B license applies above those thresholds and below the Class A cutoff.
These are the actual issuing fields — the application collects no credit information for this bond.
Start the application →$100 flat, soft pull only, bond often issued in the same sitting. Free until issued.