Village of Fox Lake, IL - Contractor License
Flat Rates & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $10,000 | 1 Year | $100 |
Contractors seeking a license in the Village of Fox Lake, Illinois, excluding plumbing and alarm trades, must file a surety bond with the Building and Community Development Department. A $10,000 bond applies to these contractors. The bond helps ensure covered work complies with applicable local building codes and provides financial protection for the public and the village.
Cost of the Village of Fox Lake IL Contractor License Bond
The cost of the $10,000 Village of Fox Lake contractor license bond is $100 for a one-year bond term with NNA Surety. Secure this surety bond today.
How the Fox Lake Contractor License Bond Works
The Fox Lake contractor license bond helps protect the public and village by holding contractors financially accountable for complying with applicable local building requirements and obligations covered by the bond.
The bond involves three parties:
- Principal: Contractor
- Obligee: Village of Fox Lake, Illinois
- Surety: Bonding company
A claim against the bond may be filed when a contractor fails to meet an obligation covered by the bond. The principal is responsible for repaying valid claims paid by the surety.
How to Get the Village of Fox Lake Contractor License Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this short online application.
- Pay the $100 bond premium.
- Receive the bond form via email.
- Download and file the bond as required by the Village of Fox Lake.
Learn more about your Illinois surety bond options across the state.
Get Your Village of Fox Lake IL Contractor License Bond
Ready to meet your Fox Lake contractor bonding requirements? Complete this form or call 855-457-2196 to get bonded.