Illinois - Plumbing Contractor - Partnership
Flat Rate & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $20,000 | 1 Year | $400 |
Plumbing contractor partnerships in Illinois must provide a $20,000 surety bond to help ensure compliance with applicable requirements under the Illinois Plumbing License Law. Required by the State of Illinois, the plumbing contractor partnership bond provides financial protection when covered obligations are not fulfilled, including applicable obligations related to plumbing workmanship.
Cost of the Illinois Plumbing Contractor Partnership Bond
The cost of the $20,000 Illinois plumbing contractor partnership bond is $400 per bond term with NNA Surety. Secure this surety bond today.
How the Illinois Plumbing Contractor Partnership Bond Works
The Illinois plumbing contractor partnership bond helps hold plumbing partnerships financially accountable for covered obligations associated with the Illinois Plumbing License Law and applicable plumbing work.
The bond involves three parties:
- Principal: Plumbing contractor partnership
- Obligee: State of Illinois
- Surety: Bonding company
If a bonded plumbing partnership fails to meet an obligation covered by the bond, a claim against the bond may be filed. The principal is responsible for repaying valid claims paid by the surety.
How to Get the Illinois Plumbing Contractor Partnership Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this short online application.
- Pay the $400 bond premium.
- Receive the bond form via email.
- Download and file the bond as required for your Illinois plumbing contractor partnership licensing requirements.
Learn more about your Illinois surety bond options across the state.
Get Your Illinois Plumbing Contractor Partnership Bond
Keep your Illinois plumbing contractor partnership requirements on track by securing the required bond. Complete this form or call 855-457-2196 to get bonded.