The Illinois Roofing Surety Bond (Limited or Unlimited) has a common renewal date of June 30 and is required to maintain a roofers license in the state. Limited roofing license means a license made available to contractors whose roofing business is limited to roofing residential properties consisting of 8 units or less.
The bond amount for the limited license is $10,000. The cost of this surety bond is as low as $175.00 for two years, subject to the approval of the underwriting company.
Unlimited roofing license means a license made available to contractors whose roofing business is unlimited in nature and includes roofing on residential, commercial, and industrial properties. The unlimited bond amount is $25,000, and the cost of this surety bond is as low as $438 for a two year term. This bond is set up to renew on June of even-numbered years to correspond with the common renewal license date. With a common renewal date of June 30, now is the perfect time to buy your bond from Surety1 and save some money.
Don’t delay, apply for the Illinois Roofing Surety bond today!