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Bond Types Click to Apply
Adult-Use Dispensing Organization (AUDO) Bond
Appraisal Management Company Bond
BMC-84 Surety Bond /Freight Broker / ICC Transportation Bond
Bond for Registration without Certificate of Title
Boxing and MA/MMA Bond
Business Service Surety Bond
Cemetery Care Act Bond
Chicago Drainlayers Bond
Cigarette Distributor Bond
Collection Agency Bond
Consumer Installment Loan Bond
Contractor’s License Bond
Court Bonds – Fiduciary (Probate) Bonds
Court Bonds – Non fiduciary
Credit Services Organization Surety Bond
Day & Temporary Labor Service Agency Surety Bond
Debt Consolidator Bond
Designated Agents Bond for Vehicle Dealer
Driver Training School Bond
Easy Application Performance Bonds
ERISA Surety Bond
Federal Distilled Spirits / TTB Surety Bond
Financial Responsibility Bond for Liquor
Financial Responsibility Special Fuel Supplier Bond
H-2A Farm Labor Contractor Bond
Individual Highway Permit Bond
Insurance Producer/Business Entity Bond
Janitorial Surety Bond
Loan Brokers Bond
Lost Cashier’s Check Bond
Lost Stock Certificate Surety Bond
Medicare / DMEPOS Surety Bond
Mileage Tax Bond
Money Transmitter Bond
Motor Fuel Distributor Bond
Motor Vehicle Dealer Bond
Municipality Contractor ‘s License Bonds
Nursing Home Bond
Other / Don’t Know Surety Bond
Payday Loan Reform Act Licensee Bond
Performance and Payment Bonds
Plumbing Contractor Bond
Private Business & Vocational School Surety Bond
Private Employment Agency Surety Bond
Professional Fund Raiser’s Bond
Public Adjuster Bond
Remittance Agent’s Bond
Residential Mortgage License Bond
Roofing Contractor Bond
Third Party Administrator Bond
Utility Payment Surety Bonds
Vehicle registration bond
Veteran Affairs Custodian Bond
Wage and Welfare Bond

Illinois Surety Bonds: Everything You Need to Know

If you are a business owner in Illinois, you may be required to obtain a surety bond. Surety bonds are financial instruments that guarantee the performance of a contract or the fulfillment of an obligation. They are often required by government agencies and other organizations to protect the public from financial losses.

There are many different types of surety bonds, but some of the most common in Illinois include:

  • Contract bonds: These bonds guarantee that a contractor will complete a project on time and within budget.
  • License and permit bonds: These bonds are required by many government agencies in order to obtain a license or permit to operate a business.
  • Fidelity bonds: These bonds protect businesses from financial losses caused by employee dishonesty.
  • Probate Court bonds:  A fiduciary bond guarantees that a court-appointed fiduciary will perform all duties required of their appointed capacity.
  • Civil Court Bonds: Courts in every jurisdiction throughout the United States have been requiring bonds to guarantee judgments rendered by the court
  • Business Service Bond: For those that want to “be bonded” and there is no statutory surety bond requirement

How to obtain a surety bond in Illinois

To obtain a surety bond in Illinois, you must first contact a surety bond broker, like Surety companies are licensed by the state to issue bonds. The bond rate is the percentage of the bond amount that you will pay as a premium.

Once you have been approved for a bond, you will need to pay the premium and sign a bond agreement. The bond agreement is a contract between you, the surety company, and the obligee (the person or organization that is requiring the bond).

How much does a surety bond cost in Illinois?

The cost of a surety bond in Illinois varies depending on the type of bond, the bond amount, and your creditworthiness. However, generally you can expect to pay between 1% and 3% of the bond amount as a premium.

Benefits of obtaining a surety bond in Illinois

There are many benefits to obtaining a surety bond in Illinois. Some of the key benefits include:

  • Access to more business opportunities: Many government agencies and other organizations require businesses to have surety bonds in order to bid on contracts or obtain licenses and permits. By obtaining a surety bond, you will be able to compete for more business opportunities.
  • Protection for your customers and clients: Surety bonds protect your customers and clients from financial losses if you do not fulfill your contractual obligations. This can help to build trust and confidence with your customers and clients.
  • Peace of mind: Surety bonds can give you peace of mind knowing that your business is protected from financial losses.

Why Choose for your surety bond?  

There are many reasons to choose for your surety bonds in Illinois:

  • Wide range of bonds: offers a wide range of surety bonds, including contract bonds, license and permit bonds, fidelity bonds, and court bonds.
  • Competitive rates: works with over a dozen A-rated surety markets to get you the best possible rates on your surety bonds.
  • Fast and easy online application process: You can apply for a surety bond online in minutes.’s experienced bond agents will help you through the process and make sure you have the right bond for your needs.
  • Excellent customer service: is committed to providing excellent customer service. Their bond agents are available to answer your questions and help you with your bonding needs.

Here are some specific reasons why is a good choice for Illinois businesses:

  • We understand the Illinois surety bond market: has been issuing surety bonds in Illinois since 2003. We understand the requirements of the state and the different types of bonds that are required by Illinois businesses.
  • We have a strong network of surety companies: works with over a dozen A-rated surety markets. This means that we can get you the best possible rates on your surety bonds, even if you have bad credit.

Benefits of Working With a Surety Bond Only Agency


If you are a business owner in Illinois, you may be required to obtain a surety bond. Surety bonds can help you to access more business opportunities, protect your customers and clients, and give you peace of mind. When choosing a surety company, it is important to consider the company’s reputation, experience, and price, checks all the boxes. is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, is the premier online provider of surety bonds nationwide since 2003. We also maintain an A+ rating from the Better Business Bureau.

How to Get Bonded

1. Apply Online
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2. Get Your Free Quote
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3. Get Your Bond
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Surety Bond Experts

Surety1 was founded in 2003 and helps thousands of clients find the best prices on their surety bonds. We take pride in our work so that we can give you great service. Learn more about Surety1.

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