New Jersey home elevation contractor bonds.
From $100.
New Jersey registers home elevation contractors separately under N.J.A.C. 13:45A-17A, and the rule requires additional security — most commonly a compliance bond — on top of the standard contractor requirements. Pricing is 0.5% of the bond amount, with a $100 minimum; your exact price appears at the application based on your amount.
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How much does a New Jersey home elevation contractor bond cost?
0.5% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard elevation bond — enter your amount, pay, and file with your registration. Here is the whole thing:
Apply online
Your business details, the bond amount your registration requires, and the effective date — that is the application.
Issued on the spot
No credit check up to $100,000.
File with Consumer Affairs
Submit the executed bond to the Division of Consumer Affairs with your home elevation contractor registration or renewal. Wet-ink originals mailed on request.
What it is and who needs it.
What the elevation bond actually covers
Lifting a house onto a new foundation is high-stakes work, so New Jersey regulates home elevation contractors under a dedicated subchapter, N.J.A.C. 13:45A-17A (effective October 1, 2014). Registration carries heavier requirements than standard home improvement — including larger insurance limits and additional security.
The additional security can take several forms under the rule: a compliance bond issued by an authorized surety, an irrevocable letter of credit, or other securities or moneys. A compliance bond is usually the most economical — you pay the 0.5% premium rather than tying up the full amount in cash or a bank line.
Separately, the rule requires performance and payment bonds in favor of the homeowner for each elevation contract, plus bonding capacity of at least $500,000. Those project bonds are distinct from the compliance bond on this page — tell us which your registration is asking for, and we'll point you to the right product.
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 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.
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 Consumer Affairs. Submit the executed bond to the Division of Consumer Affairs with your home elevation contractor registration or renewal. Wet-ink originals mailed on request.
What sets the price
The premium is 0.5% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $100,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with your required bond amount — the executed bond is generated instantly, ready to file with your registration.
Start the application →Common questions.
Other New Jersey bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Elevation bond, issued today.
Pricing from $100. Enter your amount and file with Consumer Affairs the same day.