Lance Surety Bonds has access to exclusive bond programs that allow us to get our customers in Illinois bonded at lower prices than our competitors. All of the sureties we represent are A-rated and T-listed, so we are able to handle all of your commercial needs and offer every type of Illinois surety bond available. We also underwrite Illinois surety bonds for applicants who have a low credit score or no credit through our special bad credit program.
Click through and examine the sections below to find out more about getting bonded in Illinois. There you will find answers to questions about surety bond cost, as well as who can get bonded and how.
If, on the other hand, you know what Illinois surety bond you are looking for, simply use the search tool below. Once you find the bond you need, follow the link to the application.
And you can always call us at(877) 514-5146 if you have any questions, concerns, or are in need of assistance. Lance Surety Bonds’ experts can respond to all your questions regarding getting bonded in Illinois.
Find Your Illinois Surety Bond
| Agricultural (Non-Livestock) Bond | Timber Buyer | IL Dept. of Natural Resources Office of Law Enfor. | Apply Now |
| Contractor License (No P&P Language) Bond | Crystal Lake, ILGeneral Contractor License Bond | City of Crystal Lake | Apply Now |
| Contractor License (No P&P Language) Bond | Contractor License Bond (Lincolnwood, IL) | Village of Lincolnwood | Apply Now |
| Contractor License Performance & Payment (Local) Bond | General Contractor License | Village of Tinley Park | Apply Now |
| Contractor License Performance & Payment (Local) Bond | General Contractor License Bond | Kankakee County Regional Planning Department | Apply Now |
| Contractor License Performance & Payment (Local) Bond | Electrical Contractor Bond | Village of Rosemont | Apply Now |
| Contractor License Performance & Payment (Local) Bond | General Contracting Bond (Village of Itasca, IL) | Village of Itasca, IL | Apply Now |
| Contractor License Performance & Payment (Local) Bond | General Contractor Bond (Village of Rosemont, IL) | Village of Rosemont | Apply Now |
| Contractor License Performance & Payment (Local) Bond | General Contractor License Bond (County of Dupage, | County of Dupage | Apply Now |
| Contractor License Performance & Payment (Local) Bond | Electrical Contractor Bond (Village of Hinsdale) | Village of Hinsdale | Apply Now |
| Contractor License Performance & Payment (Local) Bond | General Contractor Bond (Elmhurst, IL) | City of Elmhurst | Apply Now |
| Contractor License Performance & Payment (Local) Bond | Concrete Work Bond (Elmhurst, IL) | City of Elmhurst | Apply Now |
| Contractor License Performance & Payment (Local) Bond | General Contractor License Bond (Harwood Heights, | Village of Harwood Heights | Apply Now |
| Contractor License Performance & Payment (Local) Bond | General Contractor License Bond (Granite City, IL) | City of Granite City | Apply Now |
| Contractor License Performance & Payment (State) Bond | Roofing Contractor (Limited) | Dept of Financial and Professional Regulation | Apply Now |
| Contractor License Performance & Payment (State) Bond | Roofing Contractor (Unlimited) | Dept of Financial and Professional Regulation | Apply Now |
| Contractor License Performance & Payment (State) Bond | Limited Liability Plumbing Contractor Bond | Illinois Department of Public Health Plumbing Prog | Apply Now |
| Contractor License Performance & Payment (State) Bond | General Contractor Bond | City of Aurora, IL | Apply Now |
| Contractor License Performance & Payment (State) Bond | (Community Unit School District No 300) Sign Contr | Community Unit School District No 300 - Purchasing | Apply Now |
| Collection Agency Bond | Collection Agency | Dept of Professional Regulation | Apply Now |
| Debt Consolidators Bond | Credit Services Organization | Secretary of State - Index Department | Apply Now |
| Professional Fund Raisers Bond | Professional Fund Raiser's Bond | Illinois Attorney General | Apply Now |
| Insurance Agents/Brokers Bond | Insurance Broker | Dept of Financial & Professional Regulation | Apply Now |
| Insurance Agents/Brokers Bond | Preferred Provider Program Administrator | IL Dept. of Insurance | Apply Now |
| Insurance Surplus Lines Brokers Bond | Bond for Surplus Line Producer's License | Department of Insurance | Apply Now |
| Insurance 3rd Party Administrator Bond | Third Party Administrator | Illinois Department of Insurance | Apply Now |
| Mortgage Broker (1st & 2nd Mortgages) Bond | Loan Broker's | Secretary of State, Securities Dept | Apply Now |
| Mortgage Broker (1st & 2nd Mortgages) Bond | Residential Mortgage License | Dept of Financial and Professional Regulation, Div | Apply Now |
| Mortgage Lender/Banker (1st & 2nd Mort.) Bond | RESIDENTIAL MORTGAGE LICENSE | Illinois Dept of Financial Regulation | Apply Now |
| Small Loan Companies Bond | Consumer Installment Loan Act | Division of Financial Institutions | Apply Now |
| Small Loan Companies Bond | Payday Loan License Bond | Division of Financial Institutions | Apply Now |
| Small Loan Companies Bond | Community Currency Exchange Bond | Director of Financial Institutions | Apply Now |
| Defective Title Bond | Registration Without Certificate of Title Bond | SECRETARY OF STATE, VEHICLE SERVICES DEPARTMENT | Apply Now |
| Auto & Mobile Home Dealers (New & Used) Bond | Designated Agent | Secretary of State - Vehicle Services Department | Apply Now |
| Auto & Mobile Home Dealers (Used Only, No New) Bond | Designated Agent | Secretary of State - Vehicle Services Department | Apply Now |
| Motor Vehicle (Non-Dealer, Not Listed) Bond | Remittance Agent's | Illinois Secretary of State | Apply Now |
| Motor Vehicle (Non-Dealer, Not Listed) Bond | Installment | Vehicle Services Dept. Commercial & Farm Truck Div | Apply Now |
| Sport Permits Bond | Boxing or Full Contact Martial Arts | Dept of Financial and Professional Regulation | Apply Now |
| Sport Permits Bond | Boxing or Full Contact Martial Arts | Dept of Financial and Professional Regulation | Apply Now |
| Blasting, Explosives & Fireworks Bond | Firewokds License | City of Elmhurst, Il | Apply Now |
| Employment Agencies Bond | Private Employment Agency | Illinois Department of Labor | Apply Now |
| Employment Agencies Bond | SAG-AFTRA One Union Bond | SAG-AFTRA Chicago | Apply Now |
| Nursing Homes Bond | Assisted Living and Shared Housing Act Bond | Dept of Public Health - Div of Assisted Living | Apply Now |
| Professional Licenses (All Other) Bond | Remittance Agent License | Office of the Secretary of State | Apply Now |
| Professional Licenses (All Other) Bond | Temporary Apportionment Authorization Permit Selle | State of Illinois | Apply Now |
| Professional Licenses (All Other) Bond | Energy Agent, Broker or Consultant Bond | The People of the State of Illinois | Apply Now |
| Professional Licenses (All Other) Bond | Verification of Malpractice Insurance by Immigrati | State of Illinois Office of Attorney General | Apply Now |
| Professional Licenses (All Other) Bond | Franchise Bond | Illinois Attorney | Apply Now |
| Schools (All) Bond | Private Business and Vocational School | IL State Bd of Ed | Apply Now |
| Schools (All) Bond | CDL School Bond | Secretary of State Commercial Driver Training | Apply Now |
| Schools (All) Bond | Driver Services | State of IL Secretary of State Driver Services Dep | Apply Now |
| Schools (All) Bond | Private Business & Vocational Schools Blanket Sure | State Board of Education | Apply Now |
| Schools (All) Bond | Schools Bond | Illinois Board of Higher Education | Apply Now |
| Transportation Brokers Bond | Transportation Brokers Bond | Illinois Commerce Commission - Transportation Divi | Apply Now |
| Travel Agencies Bond | Seller of Travel Bond | State of Illinois | Apply Now |
| Alcohol (All Others) Bond | Financial Responsibility Bond | ILLINOIS DEPARTMENT OF REVENUE | Apply Now |
| Cigar/Cigarette & Tobacco Tax Bond | Tobacco Products Tax Bond | Department of Revenue | Apply Now |
| Cigar/Cigarette & Tobacco Tax Bond | Financial Responsibility Bond | Dept of Revenue | Apply Now |
| Fuel Tax (All Others, Sellers & Users) Bond | Financial Responsibility | IL Dept of Revenue | Apply Now |
| Wages & Fringe Benefits Bond | Council of Carpenters Wage and Fringe Benefit | Chicago and Northeast Illinois District Council of | Apply Now |
| Wages & Fringe Benefits Bond | Contractors' Wage, Welfare, ETC. | Sheet Metal Workers Local Union 73 | Apply Now |
| Wages & Fringe Benefits Bond | Painters District Council No. 30 | Painters District Council # 30 | Apply Now |
| Wages & Fringe Benefits Bond | Employer's Wage | Local Number 134, International Brotherhood of Ele | Apply Now |
| Wages & Fringe Benefits Bond | IUOE Local 520 Bond | International Union of Operating Eng Local 520 | Apply Now |
| Wages & Fringe Benefits Bond | IBEW #9 Employer's Wage Bond | Local Union 9 IBEW | Apply Now |
| Wages & Fringe Benefits Bond | Employer's Fringe Benefit Bond | Local Number 134 International Brotherhood of Elec | Apply Now |
| Wages & Fringe Benefits Bond | Contractor's Wage and Welfare Bond for Pipe Fittin | Pipe Fitters' Association Local Union No. 597 | Apply Now |
| Wages & Fringe Benefits Bond | Chicago Employer Wages and Fringe Benefit Bond | Painters District Council #30 | Apply Now |
| Wages & Fringe Benefits Bond | Local 701 - IBEW Sign Agreement Bonds | Local 701 - Int'l Brotherhood of Electrical Worker | Apply Now |
| Wages & Fringe Benefits Bond | Granite-Cutters Union Local #21 Wage and Welfare B | Granite-Cutters Union Local #21 | Apply Now |
| Wages & Fringe Benefits Bond | OPCMIA Wage and Welfare Bond | OPCMIA - Local 11 | Apply Now |
| Wages & Fringe Benefits Bond | Fringe Benefit & Wage Bond | Mid-Central Illinois Regional Council of Carpenter | Apply Now |
| Wages & Fringe Benefits Bond | Fox Valley Laborers Wage and Welfare Bond | Fox Valley Laborers Fund Office | Apply Now |
| Wages & Fringe Benefits Bond | Contractor's Wage & Fringe Benefits Bond (Local 50 | Cement Masons Local 502 | Apply Now |
| Wages & Fringe Benefits Bond | IBEW #9 Employer's Fringe Benefits Bond | Local Union 9 IBEW | Apply Now |
| Wages & Fringe Benefits Bond | Employer's Bond (Construction and General Laborers | Laborers' District Council of Chicago & Vicinity | Apply Now |
| Wages & Fringe Benefits Bond | Employer's Fringe Benefit Bond | Local Number 134 International Brotherhood of Elec | Apply Now |
| Wages & Fringe Benefits Bond | Chicago Painter's District Council Wage and Fringe | Painter's District Council #14 | Apply Now |
| Wages & Fringe Benefits Bond | (Local Union No 597) Contractor's Wage and Welfare | Local 597 Pipe Fitters | Apply Now |
| Wages & Fringe Benefits Bond | Dues and Fringe Benefit Bond (IBEW 461) | IBEW Local 461 | Apply Now |
| Wages & Fringe Benefits Bond | The Central Laborer's Pension Fund Bond | central laborers pension fund | Apply Now |
| Wages & Fringe Benefits Bond | Insulation Work Bond (Local 17) | International Association Heat & Frost Insulators | Apply Now |
| Wages & Fringe Benefits Bond | Contractors Wage, Wage Deduction and Fringe Benefi | CONSTRUCTION WORKERS PENSION TRUST FUND OF LAKE CO | Apply Now |
| Fringe Benefits Only Bond | IBEW Local 150 Contractor Wage and Fringe Bond | IBEW Local 150 | Apply Now |
| Money Transmitter Bond | Transmitters of Money | Department of Financial & Professional Regulaton | Apply Now |
| Telemarketing/Phone Solicitor Bond | Professional Fund Raiser | IL Office of the Attorney General | Apply Now |
| Appraisal Management | Appraisal Management Companies Bond | Illinois Department of Financial and Professional | Apply Now |
Questions about Surety Bonds in Illinois
How Much Does a Surety Bond Cost in Illinois?
How much your Illinois surety bond will cost depends on what type of bond you need to obtain. Most bonds have different bond amounts and it is the bond amount along with your financial standing that are taken into account when determining the rate of your bond.
For example, most license and permit bonds have their bonding amounts determined by each state government individually, though some license bonds have the same amounts across all states. Illinois contract bonds’ amounts are also dependent on the particular case that they are required for.
The relation between your Illinois surety bond’s amount and its cost is the following: the cost of your bond is a percentage of the total amount of the bond. This percentage or premium is determined by sureties when they assess your application.
In determining your rate, they take into account personal credit score as one of the most important factors. Applicants who have a high credit score are usually offered so-called standard market rates on their surety bond, which range between 1%-4% of the full amount of the bond.
Businesses and individuals who are able to provide further proof of financial stability, such as good personal or business financial statements, are sure to have their rate lowered accordingly.
To find out what other factors influence your bond’s cost, have a look at our extensive surety bond cost page!
Illinois Bad Credit Surety Bonds Program
Businesses and individuals often get turned down when applying for a bond due to a low credit score. Such applicants have a chance to get bonded in Illinois through our special Bad Credit Surety Bonds program.
Rates under this program are slightly higher, between 5%-15%, because bonding such applicants presents a higher risk to sureties. But by applying for a bond through this program, applicants are still guaranteed to receive the best quote on their bond.
And those who get bonded on a yearly basis always have the chance to get a lower rate on their Illinois surety bond next time around by improving their credit score.
How to Get Bonded in Illinois
Getting bonded in Illinois is very simple. Once you know what type of bond you need, apply online via our highly secure application tool. Soon after you submit your application, we will contact you with an entirely free quote on your Illinois surety bond. After that it’s only a matter of clearing out a number of additional details and your bond is ready to be issued.
By working with Lance Surety Bonds you are sure to be served only by the best and most reliable companies in the surety bond industry. Through us, you will get the best and lowest rate on your Illinois surety bond. If you have any questions about how to get bonded in Illinois, simply call us at (877)-514-5146. We will be happy to provide you with all the information and guidance you need!
Types of Illinois Surety Bonds
Surety bonds in Illinois fall under three main types. There are license and permit bonds, contract bonds, and court bonds. Lance Surety Bonds can underwrite all of these types of Illinois surety bonds.
License bonds are required for businesses and individuals in Illinois who want to obtain a certain business license. Which Illinois businesses need to obtain a license and permit bond is determined by the state government. Some of the most popular Illinois license bonds that we underwrite are the Illinois auto dealer bond, as well as mortgage broker bonds and freight broker bonds.
Contract bonds are required for licensed and bonded contractors in Illinois who will be bidding on a contract or have been awarded a contract for a construction project. They are also relevant in other instances, for example when contractors need to guarantee the quality of their workmanship.
Almost all public, federal and many private construction projects in Illinois require contractors to obtain Illinois contract bonds. These bonds serve as a guarantee and protection for the state and the public.
Court bonds are usually required by a number of Illinois courts, such as appellate courts and probate courts. These courts will require individuals to obtain such bonds before a legal proceeding can take place.
Top Surety Bond Companies in Illinois
When you’re applying for an Illinois surety bond, you have to be sure that you will be receiving quality in exchange. The ability of a surety bond company to back your bond financially is what matters ultimately.
Lance Surety Bonds prides itself with working only with Illinois surety bond companies which are proven as some of the best in the whole country. All our partner surety bond companies are licensed in all 50 states. They are further T-listed with the U.S. Department of Treasury and they are all A-rated and more under the ‘A.M. Best’ credit rating system. This positions them among the top surety bond companies in Illinois.
To name a few, we work with: Great American Insurance Company, Liberty Mutual Insurance Company, Swiss Reinsurance American Corporation and many, many more.
Most Popular Surety Bonds in Illinois
Illinois auto dealers must obtain this bond before they are issued their license. The bond guarantees compliance with license regulations.
Contractors who wish to bid or work on construction projects in Illinois must be licensed and bonded by a contractor license bond in that state.
Before receiving their Illinois mortgage broker license, individuals must obtain this bond. It guarantees that brokers will comply with state regulations.
There are numerous Illinois school bonds, such as those for drivers, and all of them are meant to protect the rights of students.
All freight brokers across the country must obtain this bond before they can get their business license. The bond amount for this bond is the same across the whole country.
Insurance brokers in Illinois have to get an Illinois insurance broker bond prior to getting licensed. The bond guarantees compliance with state insurance laws.
In order to start a collection agency in Illinois, you need to undergo a licensing procedure and obtain a $25,000 surety bond prior to conducting business.
All entities that want to operate as money transmitters in Illinois have to get licensed and post a bond in an amount between $100,000 and $2,000,000.
