NJ HIC Bond Cost in 2026: Exact Pricing for Every Contractor Tier

New Jersey requires all Home Improvement Contractor (HIC) businesses to carry a compliance surety bond. The cost is lower than most contractors expect — and for most NJ contractors, there is no credit check.

## The Three Bond Tiers and Exact Costs

Your required bond amount is determined by either your largest single contract or your total annual contract volume — whichever is higher.

**$10,000 Bond — $100/year** For contractors whose largest single contract is under $10,000, OR whose total annual volume is less than $150,000.

**$25,000 Bond — $125/year** For contractors with contracts between $10,000–$120,000, OR annual volume between $150,000–$750,000.

**$50,000 Bond — $250/year** For contractors with contracts over $120,000, OR annual volume above $750,000.

## Why Are These Rates So Low?

NJ HIC compliance bonds are a low-risk product for surety companies. The bond protects the NJ Division of Consumer Affairs and consumers — not the contractor. Because most HIC contractors don't have claims on their bonds, surety companies charge flat, low premiums.

For $10K and $25K bonds, Can Do Surety Bonds offers no-credit-check programs. You pay the flat rate regardless of your credit history.

## What Affects the Price?

For $10K and $25K bonds: nothing. The rate is flat.

For $50K bonds, pricing may vary based on: - Credit score - Years in business - Claims history - Business financials

Most established contractors with $50K bonds still pay near the base rate of $250/year.

## How to Get Bonded

**Step 1:** Call (609) 491-7404 or fill out the contact form on this site.

**Step 2:** Tell us your business volume and which tier applies. We'll confirm your bond amount in minutes.

**Step 3:** We issue the bond same-day and send you the documents to submit with your NJ Division of Consumer Affairs renewal.

Most bonds are issued the same day.

## Don't Overpay for Your Bond

Some online providers quote higher rates or add unnecessary fees.

At Can Do Surety Bonds, most contractors pay the flat rates listed above — no surprises.

👉 Get your NJ HIC bond today or call (609) 491-7404 for immediate service.