New Jersey requires every licensed electrical contractor to file a $1,000 bond with the Board of Examiners of Electrical Contractors. At 3% the math comes to $30, but our minimum premium is $275 — and license bonds like this are the fastest thing we issue.
















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 check 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.
$1,000 bond × 3% = $30, but our minimum premium is $275, so that is the price — one-time per term, multi-year if you want it.
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 — no credit check section, because this bond doesn't have one.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
$275 flat, five-minute application, bond often issued in the same sitting. Free until issued.