New Jersey requires every licensed electrical contractor to file a $1,000 bond with the Board of Examiners of Electrical Contractors. Ours is set by our carrier's rate book at $50 flat — and license bonds like this issue instantly.
















License bonds are the simplest thing in surety. Here's the entire process:
Business details and an effective date. That's the application — no financials, no credit section, no follow-up scavenger hunt.
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 and power of attorney arrive by email, ready to file with the Board of Examiners of Electrical Contractors. Wet-ink original mailed on request.
New Jersey licenses electrical contractors through the Board of Examiners of Electrical Contractors, and conditions the license on a $1,000 surety bond under N.J.S.A. 45:5A-19. The bond is a compliance guarantee: it stands behind your faithful compliance with the electrical contractor licensing law.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of New Jersey (the obligee), with the public as the protected parties. If a contractor violates the licensing law, a harmed party can recover against the bond up to $1,000.
The bond runs on the Board's statutory cycle — generally a 24-month term — and must stay active for the life of your license. We track it and notify you 60 and 30 days out so your $1,000 filing stays continuous.
These are the actual issuing fields — the application collects no credit information for this bond.
Start the application →$50 flat, no credit review, bond often issued in the same sitting. Free until issued.