Minnesota satellite system contractor bonds.
$125 flat.
Minnesota licenses a satellite system contractor through the Department of Labor and Industry, conditioned on a $25,000 surety bond under Minn. Stat. ch. 326B. Ours is $125 flat, one-time — and license bonds like this issue instantly.
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How much does a Minnesota satellite system contractor bond cost?
$125 at the $25,000 amount, the same for every applicant.
Three steps. One sitting.
License bonds are the simplest thing in surety. Here is the entire process:
Apply online
Business details and an effective date. 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 the Department of Labor and Industry
Your executed bond and power of attorney arrive by email, ready to file with your satellite system contractor license application. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Minnesota licenses satellite system contractors — businesses that install, alter, or repair equipment for satellite broadcast communication systems — through the Department of Labor and Industry under Minn. Stat. ch. 326B. As a condition of licensing, the contractor must give and maintain a $25,000 surety bond to the state.
The bond is a public-protection guarantee standing behind the contractor’s compliance with the licensing and construction-code law. If the contractor fails to comply and someone is harmed, the harmed party can recover against the bond. You are the principal, the surety stands behind you, and the State of Minnesota is the obligee.
Technology and satellite system contractor licenses expire August 1 of each even-numbered year, and the bond must stay in effect for the life of the license. It is not insurance for you — if the surety pays a claim, you repay the surety. We track your $25,000 filing and notify you ahead of renewal.
You need this bond if you are
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 $25,000 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.
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 Department of Labor and Industry. Your executed bond and power of attorney arrive by email, ready to file with your satellite system contractor license application. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $125 at the $25,000 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 .
The Department of Labor and Industry is waiting on one document.
$125 flat, no credit check, bond often issued in the same sitting. Free until issued.