Illinois Surety Bonds

Illinois Surety Bond Costs

“How much will my surety bond cost?” is the most common question our clients ask. Although several factors impact your exact surety bond cost, the primary factor is risk. “High risk” means there’s an increased chance that a claim will be made against a bond; these bonds typically require underwriting consideration. Low-risk bonds, on the other hand, can often be issued instantly for a set price.

$20,000 Illinois public adjuster bonds, for example, are issued instantly at $200 for a 1-year term. Auto dealer bonds, though also issued for Illinois, require a review of the applicant’s credit history and bond amount. This bond can cost as little as $500, depending on the applicant’s credentials.

Consulting a surety professional is the best way to determine your exact surety bond cost in Illinois. You can request your free quote online, or you can call 1 (800) 308-4358 to speak with an experienced bond specialist. SuretyBonds.com works with you to provide the lowest available rate, no matter your circumstances.

Determining Your Illinois Bond Type

With thousands of unique surety bond forms available nationwide, we know that determining the exact one you need can be confusing. Illinois has a variety of surety bond requirements, and it’s important to provide the right bond to earn licensure or protect a title on a vehicle, for example. 

Contacting the obligee — the entity requiring the bond — is the best way to ensure you’re obtaining the correct bond. The department, office, or board requiring the bond can connect you with the bond form needed, as well as your required bond amount. These two pieces of information can speed up the bonding process when you work with SuretyBonds.com and guarantee you’re getting the bond you need at the best price available.

The SuretyBonds.com Advantage

Our mission is to provide every client with fast, easy, and accurate service while offering the best available rate. We achieve this by maintaining relationships with the nation’s leading surety underwriters, which ensures our clients have access to the lowest premiums. Over the years, we’ve also perfected our proprietary bonding system, which allows us to provide clients with unparalleled turnaround times.

Illinois License Information

SuretyBonds.com is legally licensed to issue bonds in Illinois.

Agency License # 9097069

Agent Producer License # 100288586